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Markets Print 2020-08-22

Cotton Spot Rates

KARACHI: Official KCA spot rates for local dealings in Pakistan rupees on Friday (August 21, 2020)....
Published August 22, 2020

KARACHI: Official KCA spot rates for local dealings in Pakistan rupees on Friday (August 21, 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 20-08-2020
===========================================================================
37.324 kg         8,450        180        8,630        8,580         + 50/-
Equivalent
40 kgs            9,056        193        9,249        9,195         + 54/-
===========================================================================

Copyright Business Recorder, 2020

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