Karachi Cotton Association prices - Feb 21

The Karachi Cotton Association on Saturday fixed the official spot rate, or base price, for
Grade 3 cotton at 3,590 rupees per maund (40 kg).The Grade 3 cotton has a staple length of 1-1/32″ (inches) and micronaire value between 3.8 to 4.9 NCL (no control limits)
which represents fine to coarse classes of cotton varieties. In the kerb market the key crop varieties traded in the range of 3,100 to 3,300 rupee per maund.
Following are the grade and staple margins for the priod February 16 to 28.

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Source: KARACHI,(Reuters)