June 8, 2017 / 12:33 PM / 2 months ago

TABLE - Karachi Cotton Association Prices

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    KARACHI, Pakistan, June 8 (Reuters) - The Karachi Cotton
Association on Thursday fixed the official spot rate, or base
price, for Grade 3 cotton at 7,288 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.          
                      
   The following are the grade and staple margins for June 1 to
June 30, 2017:       
 GRADE   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     107      268      402      n/a
 2       n/a     n/a     54       188      295      375
 3       n/a     -322    -214     BASE     134      268
 4       n/a     -857    -750     -536     -107     n/a
 5       n/a     -1179   -1072    -857     n/a      n/a
 
 (Reporting by Syed Raza Hassan)
  

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