Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Monday (February 16, 2004).

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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             3175.00             3651.25                  50                              3701.25

Equivalent          --------------------------------------------------------------------------------------

40 Kgs                3403.00             3913.45                  50                              3963.45

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