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Markets Print edition: 2021-02-25

Cotton Spot Rates

Published Updated

KARACHI: Official KCA spot rates for local dealings in Pakistan rupees on Wednesday (February 24, 2021).

===========================================================================
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 23-02-2021   In Rupees
===========================================================================
37.324 kg        11,700       180        11,880       11,480        + 400/-
Equivalent
40 kgs           12,539       193        12,732       12,303        + 429/-
===========================================================================

Copyright Business Recorder, 2021

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