Trading was reported nil in cotton on Thursday during normal business hours though DMR reported a couple of deals struck on Wednesday, the relevant sources said.
The official spot rate was held unchanged at Rs 3100 without ST and upcountry expenses.
In New York tempo was mixed: March up 0.10 cent to 69.10 cents a pound, and May lost to be quoted at 70.16 cents a pound.
From DMR following deals were lifted: 2360 bales of Jhole at Rs 2700, 400 bales of Haroonabad at Rs 3050 and 600 bales of Haroonabad at Rs 3150.

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The KCA Official Spot Rate for Local Dealings in Pak Rupees
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FOR BASE GRADE 3 STAPLE LENGTH 1-1/32"                             MICRONAIRE VALUE BETWEEN 3.8 TO 4.9 NCL
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                                        Ex-Gin Prices          Up-country             Spot Rate Ex-Karachi
Rate                   Ex-Gin             Including            Expenses                          Including
for                    Price            Sale Tax @ 15%                                     Sales Tax @ 15%
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37.32 Kgs             3100.00             3565.00                  50                              3615.00
Equivalent          --------------------------------------------------------------------------------------
40 Kgs                3322.00             3820.30                  50                              3870.30
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