Karachi Cotton Association prices – Nov 13

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KARACHI, Pakistan, Nov 13 (Reuters) - The Karachi Cotton Association on 
Friday fixed the official spot rate, 
or base price, for Grade 3 cotton at 5,626 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 4,625 to 
5,575 rupees per maund. 
   The following are the grade and staple margins for Nov 1 to Nov 15:         
 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      -102     -322     -241     n/a 
 5       n/a       n/a      -509     -429     n/a      n/a 
  
 (Compiled by the Karachi newsroom)

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