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TABLE-Karachi Cotton Association prices - July 14
July 14, 2015 / 10:49 AM / 2 years ago

TABLE-Karachi Cotton Association prices - July 14

KARACHI, July 14 (Reuters) - The Karachi Cotton Association on Tuesday fixed
the official spot rate,
or base price, for Grade 3 cotton at 5,037 rupees per maund (40 kg).
    Grade 3 cotton has a staple length of 1-1/16" and micronaire value between
3.8 and 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 4,700 to
5,000 rupees per maund.        
   Following are the grade and staple margins for July 1 to July 30:        
 GRADE   31/32"    1"       1-1/32"  1-1/16"  1-3/32"  1-1/8"
                                                       
 Super   n/a       n/a      214      322      429      536
 1       n/a       n/a      107      214      322      429
 2       n/a       n/a      0        107      214      322
 3       n/a       n/a      -107     BASE     107      214
 4       n/a       n/a      -214     -107     0        107
 5       n/a       n/a      n/a      n/a      n/a      n/a
             

 (Compiled by the Karachi newsroom)

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