August 5, 2013 / 12:22 PM / 4 years ago

TABLE-Karachi Cotton Association prices - Aug 5

KARACHI, Aug 5 (Reuters) - The Karachi Cotton Association on Monday fixed
the official spot rate
or base price, for Grade 3 cotton at 7,020 rupees per maund (40 kg).
    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 6,650
rupees per maund.   
  Following are the grade and staple margins for August 1 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     +161     +214
 2       n/a       n/a      n/a      +54      +107     +161
 3       n/a       n/a      n/a      BASE     +54      +107
 4       n/a       n/a      n/a      n/a      n/a      n/a
 5       n/a       n/a      n/a      n/a      n/a      n/a
 
 (Compiled by the Karachi newsroom)

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