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TABLE-Karachi Cotton Association prices - Jan 22
January 22, 2013 / 12:57 PM / 5 years ago

TABLE-Karachi Cotton Association prices - Jan 22

KARACHI, Jan 22 (Reuters) - The Karachi Cotton Association on Tuesday fixed
the official spot rate
or base price, for Grade 3 cotton at 6,377 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 5,100 to
6,150 rupees per maund.   
  Following are the grade and staple margins for the period January 16 to 31:   
   
 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       -536     -214     BASE     +107     +161
 4       n/a       -643     -322     -107     0        n/a
 5       n/a       -750     -429     -214     n/a      n/a
 
 (Compiled by the Karachi newsroom)

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