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Markets Print edition: 2022-08-26

Cotton Spot Rates

Published August 26, 2022 Updated August 26, 2022 06:46am
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KARACHI: Official KCA spot rates for local dealings in Pakistan rupees on Thursday (August 25, 2022).

===========================================================================
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 24-08-2022
===========================================================================
37.324 kg        22,500     235        22,735          22,235        +500/-
Equivalent
40 kgs           24,113     252        24,365          23,829        +536/-
===========================================================================

Copyright Business Recorder, 2022

cotton market Cotton Spot Rates cotton price

Comments

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Sadaqat ali Aug 27, 2022 09:11am
Current cotton rate
0
Taimur Khan Aug 27, 2022 11:47am
If 80% of cotten crop has been destroyed as tv reports....what happens to our cost of import...and exports?
0
Kamran Fareed Aug 29, 2022 12:47am
@Taimur Khan, obviously we will import cotton and rates will be set as per international markets
0
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