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Markets Print 2023-07-06

Cotton spot rates

KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Wednesday (July 05, 2023)...
Published July 6, 2023

KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Wednesday (July 05, 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 04-07-2023
===========================================================================
37.324 KG        16,500        235        16,735        16,735          NIL
Equivalent
40 KGS           17,683        252        17,935        17,935          NIL
===========================================================================

Copyright Business Recorder, 2023

Comments

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Syed Mohammad Ali Jul 06, 2023 01:53pm
Govt failed to control the cotton rates for local farmers' open market buying 40kg price 7200 for today 6th July 2023 very discouraging for all farmers in Pakistan
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