February 21, 2018 / 2:23 PM / 4 months ago

TABLE - Karachi Cotton Association Prices

    KARACHI, Pakistan, Feb 21 (Reuters) - The Karachi Cotton
Association on Wednesday fixed the official spot rate, or base
price, for Grade 3 cotton at 7,395 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 7,250 to 7,200 rupees per maund.                       
   
   The following are the grade and staple margins for Feb 16 to
Feb 28, 2018:       
 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     -322    0        322      536      750
 2       n/a     -482    -161     161      375      589
 3       n/a     -857    -429     BASE     214      429
 4       n/a     -1179   -750     -322     54       268
 5       n/a     -1500   -1072    -643     -107     107
 
 (Reporting by Syed Raza Hassan)
  
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