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TABLE-Karachi Cotton Association prices - Aug 12
August 12, 2015 / 12:09 PM / 2 years ago

TABLE-Karachi Cotton Association prices - Aug 12

KARACHI, Aug 12 (Reuters) - The Karachi Cotton Association on Wednesday
fixed the official spot rate,
or base price, for Grade 3 cotton at 4,823 rupees per maund (40 kg).
    Grade 3 cotton has a staple length of 1-1/16" and micronaire value between
3.8 and 4.9 NCL (no control limits), which represents fine to coarse classes of
cotton varieties.  
   In the kerb market, the key crop varieties traded in the range of 4,500 to
4,825 rupees per maund.    
   Following are the grade and staple margins for August 1 to August 30:        
 GRADE   31/32"    1"       1-1/32"  1-1/16"  1-3/32"  1-1/8"
                                                       
 Super   n/a       n/a      214      322      429      536
 1       n/a       n/a      107      214      322      429
 2       n/a       n/a      0        107      214      322
 3       n/a       n/a      -107     BASE     107      214
 4       n/a       n/a      -214     -107     0        107
 5       n/a       n/a      n/a      n/a      n/a      n/a
             

 (Compiled by the Karachi newsroom)

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