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Markets Print edition: 2020-11-21

Cotton Spot Rates

Published Updated

KARACHI: Official KCA spot rates for local dealings in Pakistan rupees on Friday (November 20, 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 19-11-2020   In Rupees
===========================================================================
37.324 kg         9,300       180         9,480        9,480            NIL
Equivalent
40 kgs            9,967       193        10,160       10,160            NIL
===========================================================================

Copyright Business Recorder, 2020

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