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TABLE - Karachi Cotton Association Prices
January 5, 2017 / 1:49 PM / in 10 months

TABLE - Karachi Cotton Association Prices

KARACHI, Pakistan, Jan 5 (Reuters) - The Karachi Cotton
Association on Thursday 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 6,550 to 6,600 rupees per maund.                  
   The following are the grade and staple margins for Jan 1 to
Jan 15 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      250      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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