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TABLE-Karachi Cotton Association prices - March 14
March 14, 2012 / 12:47 PM / 6 years ago

TABLE-Karachi Cotton Association prices - March 14

KARACHI, March 14 (Reuters) - The Karachi Cotton Association on
Wednesday fixed the official spot rate, or base price, for Grade 3 cotton at
5,573 rupees per maund (40 kg).	
    The Grade 3 cotton has a staple length of 1-1/16" (inches) and micronaire
value between 3.8 to 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 3,600 to
5,750 rupees per maund.	
  Following are the grade and staple margins for the period March 1 to 15:      	
 GRADE                     STAPLE LENGTH
 
         31/32"    1"       1-1/32"  1-1/16"  1-3/32"  1-1/8"
                                                       
 Super   n/a       +107     +214     +429     +536     +643
 1       -107      0        +107     +322     +429     +536
 2       n/a       -214     0        +214     +322     +429
 3       -429      -322     -214     BASE     +214     +322
 4       -1125     -1018    -911     -697     -482     n/a
 5       -1286     -1179    -1072    -857     n/a      n/a
 	
 (Compiled by the Karachi Newsroom)

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