January 29, 2013 / 12:46 PM / 5 years ago

TABLE-Karachi Cotton Association prices - Jan 29

KARACHI, Jan 29 (Reuters) - The Karachi Cotton Association on Tuesday fixed
the official spot rate,
or base price, for Grade 3 cotton at 6,484 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 5,750 to
6,200 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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