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TABLE - Karachi Cotton Association prices - Nov 16
November 16, 2015 / 11:33 AM / 2 years ago

TABLE - Karachi Cotton Association prices - Nov 16

KARACHI, Pakistan, Nov 16 (Reuters) - The Karachi Cotton Association on
Monday fixed the official spot rate,
or base price, for Grade 3 cotton at 5,680 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 5,400 to
5,600 rupees per maund.
   The following are the grade and staple margins for Nov 16 to Nov 30:        
 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      54       161      295      375
 2       n/a       n/a      -27      80       214      295
 3       n/a       -214     -107     BASE     134      214
 4       n/a       -482     -375     -268     -134     n/a
 5       n/a       -589     -482     -375     n/a      n/a
 
 (Compiled by the Karachi newsroom)

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