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KCA fixes cotton at Rs5144/maund, kerb market trades in range Rs4300-5100/maund

byCustoms Today Report
22/11/2014
in Business
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KARACHI: The Karachi Cotton Association on Friday fixed the official spot rate or base price for Grade 3 cotton at 5,144 rupees per maund (40 kg).
Grade 3 cotton has a staple length of 1-1/16" (inches) and micronaire value between 3.8 to 4.9 NCL (no control limits) which represents fine to coarse classes of cotton varieties.
In the kerb market the key crop varieties traded in the range of 4,300 to 5,100 rupees per maund.

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