October 20, 2015 / 11:54 AM / 2 years ago

TABLE - Karachi Cotton Association prices - Oct 20

KARACHI, Pakistan, Oct 20 (Reuters) - The Karachi Cotton Association on
Tuesday fixed the official spot rate,
or base price, for Grade 3 cotton at 5,734 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 4,760 to
5,600 rupees per maund.
   The following are the grade and staple margins for Oct 1 to Oct 31:        
 GRADE   31/32"    1"       1-1/32"  1-1/16"  1-3/32"  1-1/8"
                                                       
 Super   n/a       n/a      n/a      n/a      n/a      n/a
 1       n/a       n/a      27       107      188      268
 2       n/a       n/a      -27      54       134      214
 3       n/a       n/a      -80      BASE     80       161
 4       n/a       n/a      -188     -107     -27      54
 5       n/a       n/a      n/a      n/a      n/a      n/a
 
 (Compiled by the Karachi newsroom)

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