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TABLE - Karachi Cotton Association Prices
November 9, 2017 / 12:47 PM / a month ago

TABLE - Karachi Cotton Association Prices

    KARACHI, Pakistan, Nov 9 (Reuters) - The Karachi Cotton
Association on Thursday fixed the official spot rate, or base
price, for Grade 3 cotton at 7,073 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 6,775 to 6,450 rupees per maund.                       
         
   The following are the grade and staple margins for Nov 1 to
Nov 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     54       214      322      249
 2       n/a     n/a     -54      107      214      322
 3       n/a     n/a     -161     BASE     107      214
 4       n/a     n/a     -268     -107     0        107
 5       n/a     n/a     n/a      n/a      n/a      n/a
 
 (Reporting by Syed Raza Hassan)
  

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