January 10, 2013 / 12:21 PM / 5 years ago

TABLE-Karachi Cotton Association prices - Jan 10

KARACHI, Jan 10 (Reuters) - The Karachi Cotton Association on Thursday fixed
the official spot rate
or base price, for Grade 3 cotton at 6,430 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 5,725 to
6,100 rupees per maund.   
  Following are the grade and staple margins for the period January 1 to 15:    
  
 GRADE                     STAPLE LENGTH
 
         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      n/a      +107     +268     n/a
 2       n/a       n/a      0        +54      +161     +214
 3       n/a       -322     -214     BASE     +107     +161
 4       n/a       -429     -322     -107     0        n/a
 5       n/a       -536     -429     -214     n/a      n/a
 
 (Compiled by the Karachi newsroom)

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