December 19, 2016 / 12:58 PM / 7 months ago

TABLE - Karachi Cotton Association Prices

2 Min Read

KARACHI, Pakistan, Dec 19 (Reuters) - The Karachi Cotton
Association on Monday fixed the official spot rate, or base
price, for Grade 3 cotton at 6,752 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 6,000 to 6,600 rupees per maund.                  
   The following are the grade and staple margins for Dec 16 to
Dec 31 2016:       
 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     188      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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