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TABLE-Karachi Cotton Association prices - June 9
June 9, 2012 / 10:11 AM / 6 years ago

TABLE-Karachi Cotton Association prices - June 9

KARACHI, June 9 (Reuters) - The Karachi Cotton Association on Saturday fixed
the official spot rate	
or base price, for Grade 3 cotton at 6,002 rupees per maund (40 kg).	
    The Grade 3 cotton has a staple length of 1-1/16" (inches) 	
and micronaire value between 3.8 to 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 5,650 to
5,800 rupees per maund.   	
  Following are the grade and staple margins for the period June 1 to 16:       	
 GRADE                     STAPLE LENGTH
 
         31/32"    1"       1-1/32"  1-1/16"  1-3/32"  1-1/8"
                                                       
 Super   n/a       +107     +214     +429     +750     +857
 1       -107      0        +107     +322     +643     +750
 2       n/a       -214     0        +214     +536     +643
 3       -429      -322     -214     BASE     +322     +429
 4       -1125     -1018    -911     -697     -482     n/a
 n/a     -1286     -1179    -1072    -857     n/a      n/a
 	
 (Compiled by the Karachi newsroom)

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