Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Wednesday (December 29, 2010).

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

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 27.12.2010

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

37.324 Kgs        9,000       120         9,120       9,120             Nil

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

Equivalent

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

40 Kgs            9,645       120         9,765       9,765             Nil

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