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Markets Print edition: 2020-12-18

Cotton Spot Rates

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KARACHI: Official KCA spot rates for local dealings in Pakistan rupees on Thursday (December 17, 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 16-12-2020
===========================================================================
37.324 kg         9,750        180        9,930          9,830      + 100/-
Equivalent
40 kgs           10,449        193        10,642        10,535      + 107/-
===========================================================================

Copyright Business Recorder, 2020

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