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Markets Print edition: 2020-10-16

Cotton Spot Rates

Published October 16, 2020 Updated October 16, 2020 02:45am

KARACHI: Official KCA spot rates for local dealings in Pakistan rupees on Thursday (October 15, 2020).

===========================================================================
The KCA Official Spot Rate for Local Dealings in Pakistan Rupees
---------------------------------------------------------------------------
                     FOR BASE GRADE 3 STAPLE LENGTH 1-1/16"
                    MICRONAIRE VALUE BETWEEN 3.8 TO 4.9 NCL
===========================================================================
Rate              Ex-Gin   Upcountry   Spot Rate    Spot Rate    Difference
                    For      Price     Ex-Karachi  Ex. KHI. As   Ex-Karachi
                                                  on 14-10-2020   In Rupees
===========================================================================
37.324 kg         9,900       180        10,080        9,980        + 100/-
Equivalent
40 kgs           10,610       193        10,803       10,696        + 107/-
===========================================================================

Copyright Business Recorder, 2020

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