Cotton Spot Rates

KARACHI: Official KCA spot rates for local dealings in Pakistan rupees on Friday (July 24, 2020).

===========================================================================
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 23-07-2020
===========================================================================
37.324 kg         8,300        175        8,475        8,525          -50/-
Equivalent
40 kgs            8,895        188        9,083        9,137          -54/-
===========================================================================

Copyright Business Recorder, 2020