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Markets Print 2022-05-21

Cotton Spot Rates

KARACHI: Official KCA spot rates for local dealings in Pakistan rupees on Friday (May 20, 2022)....
Published May 21, 2022

KARACHI: Official KCA spot rates for local dealings in Pakistan rupees on Friday (May 20, 2022).

===========================================================================
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 19-05-2022
===========================================================================
37.324 kg        21,000        180        21,180        21,180          NIL
Equivalent
40 kgs           22,506        193        22,699        22,699          NIL
===========================================================================

Copyright Business Recorder, 2022

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