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Markets Print edition: 2023-02-01

Cotton spot rates

Published Updated

KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Tuesday (January 31, 2023).

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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 30-01-2023
===========================================================================
37.324 KG        21,000        235        21,235        20,735       +500/-
Equivalent
40 KGS           22,506        252        22,758        22,222       +536/-
===========================================================================

Copyright Business Recorder, 2023

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