Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Tuesday (January 24, 2012).

===========================================================================

The KCA Official Spot Rate for Local Dealings in Pak Rupees

---------------------------------------------------------------------------

FOR BASE GRADE 3 STAPLE LENGTH 1-1/32"

---------------------------------------------------------------------------

                                    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 23.01.2012

===========================================================================

37.324 Kgs         5,800      130         5,930       5,880            + 50

---------------------------------------------------------------------------

Equivalent

---------------------------------------------------------------------------

40 Kgs             6,216      130         6,346       6,292            + 54

===========================================================================