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Markets Print edition: 2020-11-13

Cotton Spot Rates

Published Updated

KARACHI: Official KCA spot rates for local dealings in Pakistan rupees on Thursday (November 12, 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 11-11-2020
===========================================================================
37.324 kg         9,400        180        9,580          9,580          NIL
Equivalent
40 kgs            10,074       193        10,267        10,267          NIL
===========================================================================

Copyright Business Recorder, 2020

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