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TABLE - Karachi Cotton Association Prices
August 24, 2017 / 1:10 PM / 4 months ago

TABLE - Karachi Cotton Association Prices

    KARACHI, Pakistan, Aug 24 (Reuters) - The Karachi Cotton
Association on Thursday fixed the official spot rate, or base
price, for Grade 3 cotton at 6,484 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 6,110 to 6,275 rupees per maund.                       
         
   The following are the grade and staple margins for Aug 15 to
Aug 31, 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     +80      161      241      322
 2       n/a     n/a     0        80       161      241
 3       n/a     n/a     -80      BASE     80       161
 4       n/a     n/a     -161     -80      0        80
 5       n/a     n/a     n/a      n/a      n/a      n/a
 
 (Reporting by Syed Raza Hassan)
  

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