TABLE – Karachi Cotton Association prices – Dec 15

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KARACHI, Pakistan, Dec 15 The Karachi Cotton Association on
Tuesday 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 4,800 to
5,600 rupees per maund.
   The following are the grade and staple margins for Dec 1 to Dec 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     54       161      295      375
 2       n/a     n/a     -27      80       214      295
 3       n/a     -214    -107     BASE     134      214
 4       n/a     -482    -375     -268     -134     n/a
 5       n/a     -589    -482     -375     n/a      n/a

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