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Markets Print edition: 2022-01-01

Cotton Spot Rates

Published Updated

KARACHI: Official KCA spot rates for local dealings in Pakistan rupees on Friday (December 31, 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 30-12-2021
===========================================================================
37.324 kg        18,000        180        18,180        17,980       +200/-
Equivalent
40 kgs           19,291        193        19,484        19,269       +215/-
===========================================================================

Copyright Business Recorder, 2022

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