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Pakistan

Karachi Cotton Association Prices

Published Updated

KARACHI: The Karachi Cotton Association on Monday fixed the official spot rate, or base price, for Grade 3 cotton at 9,324 rupees per maund (40 kg).

Grade 3 cotton has a staple length of 1-1/16" and micronaire value between 3.8 and 4.9 NCL (no control limits), which represents fine to coarse classes of cotton varieties.

Kerb market rates were not available on Monday.

Copyright Reuters, 2019

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