KARACHI - The Karachi Cotton Association has fixed the official spot rate or base price for Grade 3 cotton at 5,358 rupees per maund (40 kg) till Saturday.
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 4,925 to 5,200 rupees per maund. - Reuters
Following are the grade and staple margins for March 2 to 14: