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TABLE-Karachi Cotton Association prices - Aug 13
August 13, 2014 / 12:32 PM / 3 years ago

TABLE-Karachi Cotton Association prices - Aug 13

KARACHI, Aug 13 (Reuters) - The Karachi Cotton Association on Wednesday
fixed the official spot rate
or base price for Grade 3 cotton at 5,680 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 5,300 to
5,550 rupees per maund.      
Following are the grade and staple margins for August 1 to 30:        
         1/32"     1"       1-1/32"  1-1/16"  1-3/32"  1-1/8"
                                                       
 Super   -54       0        +54      +161     +268     +375
 1       -107      -54      0        +107     +214     +322
 2       -161      -107     -54      +54      +161     +268
 3       -214      -161     -107     BASE     +107     +214
 4       -322      -214     -161     -107     0        +107
 5       -375      -268     -214     -161     -54      +54
 
 (Compiled by the Karachi newsroom)

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