Karachi Cotton Association Prices – July 28

0
28
KARACHI, July 28 (Reuters) - The Karachi Cotton Association 
on Thursday fixed the official spot rate, or base price, for 
Grade 3 cotton at 6,912 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 6,600 to 6,900 rupees per maund.                   
   The following are the grade and staple margins for July 1 to 
July 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     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)

LEAVE A REPLY