Karachi Cotton Association prices – Sept 20

fixed the official spot rate or base price, for Grade 3 cotton at 5,948 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 5,550 to 5,725 rupees per maund.

Following are the grade and staple margins for the period September 15 to 30:

GRADE                     STAPLE LENGTH

         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      n/a      +214     +322     +375
 2       n/a       n/a      0        +107     +214     +268
 3       n/a       n/a      -107     BASE     +107     +161
 4       n/a       n/a      n/a      -107     0        n/a
 5       n/a       n/a      n/a      n/a      n/a      n/a

 (Compiled by the Karachi newsroom)

Source: http://in.reuters.com/article/2012/09/20/markets-pakistan-cotton-idINL4E8KK4DX20120920

You may need:

• Cotton prices from CME Group
• Cotton prices from Intercontinental Exchange (ICE)
• Cotton prices from Zhengzhou Commodity Exchange, China (CZCE)