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Markets Print edition: 2021-10-21

Cotton Spot Rates

Published Updated

KARACHI: Official KCA spot rates for local dealings in Pakistan rupees on Wednesday (October 20, 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 18-10-2021
===========================================================================
37.324 kg        14,700        180        14,880        14,680      + 200/-
Equivalent
40 kgs           15,754        193        15,947        15,733      + 214/-
===========================================================================

Copyright Business Recorder, 2021

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