Karachi Cotton Association Prices – June 10

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KARACHI, June 10 (Reuters) - The Karachi Cotton Association 
on Friday 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. 
   The following are the grade and staple margins for June 1 to 
June 30:        
 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     107      214      348      n/a 
 2       n/a     n/a     27       134      268      348 
 3       n/a     -536    -322     BASE     134      214 
 4       1125    -804    -589     -268     -134     n/a 
 5       -1340   -1018   -804     n/a      n/a      n/a 
  
 (Reporting by Syed Raza Hassan)

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