Karachi Cotton Association prices – Oct 29

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KARACHI, Pakistan, Oct 29 (Reuters) - The Karachi Cotton Association on 
Thursday fixed the official spot rate, 
or base price, for Grade 3 cotton at 5,894 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 4,900 to 
5,750 rupees per maund. 
   The following are the grade and staple margins for Oct 1 to Oct 31:         
 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      27       107      188      268 
 2       n/a       n/a      -27      54       134      214 
 3       n/a       n/a      -80      BASE     80       161 
 4       n/a       n/a      -188     -107     -27      54 
 5       n/a       n/a      n/a      n/a      n/a      n/a 
  
 (Compiled by the Karachi newsroom)

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