March 9, 2016 / 11:34 AM / a year ago

TABLE - Karachi Cotton Association prices - March 9

KARACHI, Pakistan, March 9 (Reuters) - The Karachi Cotton Association on
Wednesday fixed the official spot rate, or base price, for Grade 3 cotton at
5,626 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 5,150 to
5,400 rupees per maund.   
   The following are the grade and staple margins for March 1 to March 31:      
 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      214      348      n/a
 2       n/a     n/a     -27      134      268      348
 3       n/a     -429    -214     BASE     134      214
 4       n/a     -697    -482     -268     -134     n/a
 5       n/a     -911    -697     n/a      n/a      n/a
  

 (Compiled by the Karachi newsroom)

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