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Markets Print edition: 2023-10-20

Cotton spot rates

Published Updated

KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Thursday (October 19, 2023)

===========================================================================
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 18-10-2023
===========================================================================
37.324 KG        16,000        235        16,235        16,235          NIL
Equivalent
40 KGS           17,147        252        17,399        17,399          NIL
===========================================================================

Copyright Business Recorder, 2023

Comments

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Allahando Khan Oct 20, 2023 01:48pm
Honourable and Respected Government. Humbly request regarding cotton rates please Fix it on 8500. Very hard for farmers to sale On 6000 to 7000.
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