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Markets Print 2023-05-17

Cotton spot rates

KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Tuesday (May 16, 2023)...
Published May 17, 2023

KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Tuesday (May 16, 2023)

===========================================================================
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 15-05-2023
===========================================================================
37.324 KG        20,000        235        20,235        20,235          NIL
Equivalent
40 KGS           21,434        252        21,686        21,686          NIL
===========================================================================

Copyright Business Recorder, 2023

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