ica value differences circular

Transcription

1 ica value differences circular No : 14/2013 Value Differences changed today: Unchanged Notes: (1) Value Differences which are boxed are those differences which are based on CURRENT market evidence available to the ICA Committee (2) B=Basis (3) Value Differences shall be operative from the business day following the date of the circular (4) All Value Differences are published in US cent points per pound Cotton based on Universal Standards for Grade and on US Staple Standards TEXAS Basis Middling 1.1/16" OTHER AMERICAN RAINGROWN Basis Middling 1.1/16 Grade GM SM MID SLM LM SGO GO Grade GM SM MID SLM LM SGO GO White B White B Spotted PAR Spotted PAR Tinged n/a Tinged n/a Staple 1.1/8" 1.3/32" 1.1/16" 1.1/32" inch 31/32" Staple 1.1/8" 1.3/32" 1.1/16" 1.1/32" inch 31/32" 15/16" B B CALIFORNIA ACALA SJV Basis Middling 1.1/8" CALIFORNIA/ARIZONA DPL Basis Middling 1.3/32" Grade GM SM MID SLM LM Grade GM SM MID SLM LM B B Staple 1.7/32" 1.3/16" 1.5/32" 1.1/8" 1.3/32" 1.1/16" Staple 1.5/32" 1.1/8" 1.3/32" 1.1/16" 1.1/32" B B MEXICAN Basis Middling 1.3/32" EL PASO Basis Strict Middling 1.1/8" Grade GM SM MID SLM Grade GM SM MID SLM LM B B Staple 1.1/8" 1.3/32" 1.1/16" 1.1/32" Staple 1.3/16" 1.5/32" 1.1/8" 1.3/32" 1.1/16" - B B AUSTRALIAN Basis Strict Middling 1.1/8" Grade GM SM MID SLM Staple 1.3/16" 1.5/32" 1.1/8" 1.3/32" 1.1/16" 100 B B AMERICAN PIMA (Based on American Pima Standards) Grade Staple 1.1/2" 1.7/16" 1.3/8" 1.5/16" 150 B B ARGENTINE Grade B C C-1/2 D D-1/2 E F Staple 1.3/32" 1.1/16" 1.1/32" inch 31/32" B B BRAZILIAN Grade (based on Universal Standards) Staple SM M SLM LM 1.5/32" 1.1/8" 1.3/32" 1.1/16" 1.1/32" White 100 B B Spotted CHINESE (The Standards do not represent the trash content which is determined by instrument testing) Grade One Two Three Four Five Six Seven Staple 1.1/8" 1.3/32" 1.1/16" B B The International Cotton Association Limited gives no warranty as to the accuracy or completeness of information contained herein and accepts no legal responsibility howsoever arising in relation to such information Page 1

2 GREEK (based on Universal Standards) Grade SM M SLM LM Staple 1.5/32" 1.1/8" 1.3/32" 1.1/16" B B -100 INDIAN Grade SUPERFINE FINE FULLY GOOD Staple 1.9/16" 1.1/2" 1.7/16" 1.3/8" DCH B -100 DCH B -400 Grade SUPERFINE FINE FULLY GOOD Staple 1.3/16" 1.5/32" 1.1/8" 1.3/32" SHANKAR B -100 SHANKAR B -150 Grade SUPERFINE FINE FULLY GOOD Staple 1.3/16" 1.5/32" 1.1/8" 1.3/32" MECH B -100 MECH B -150 Grade SUPERFINE FINE FULLY GOOD Staple 1.3/32" 1.1/16" 1.1/32" inch J34 Sawginned 100 B -100 J34 Sawginned B Grade SUPERFINE FINE FULLY GOOD Staple 1.3/16" 1.5/32" 1.1/8" BUNNY 100 B -100 BUNNY 200 B -200 BENGAL DESHI SUPERFINE FINE FULLY GOOD 120 B -80 MOZAMBIQUE Grade Extra B Staple 1.1/8" 1.3/32" 1.1/16" 1.1/32" 100 B PAKISTANI (Sawginned) Grade Super B Staple 1.1/8" 1.3/32" 1.1/16" 1.1/32" inch 31/32" 15/16" B PARAGUAYAN Grade No 3 No 4 No 5 No 6 No 7 No B Staple 1.5/32" 1.1/8" 1.3/32" 1.1/16" 1.1/32" - 50 B AZERBAIJAN SG Grade AZ B AZ AZ AZ AZ Staple 1.1/8" 1.3/32" 1.1/16" 1.1/32" inch B Page 2

3 AZERBAIJAN RG Grade AZ B AZ AZ AZ AZ Staple 1 5/32" 1.1/8" 1.3/32" 1.1/16" 1.1/32" inch B - - KYRGYZ Grade Maximum Good Average Usual Weed I B II III Staple 1.1/8" 1.3/32" 1.1/16" 1.1/32" inch 75 B TURKMENISTAN Grade Staple 1.1/8" 1.3/32" 1.1/16" 1.1/32" inch 300 B B UZBEKISTAN MEDIUM STAPLE Grade OLIY JAKSHI URTA ODDIY IFLOS BIRINCHI B IKKINCHI UCHINCHI TURTINCHI BESHINCHI Staple 1.1/8" 1.3/32" 1.1/16" 1.1/32" inch 125 B UZBEKISTAN LONG STAPLE Grade OLIY JAKSHI URTA ODDIY IFLOS BIRINCHI B IKKINCHI UCHINCHI TURTINCHI BESHINCHI Staple 1.7/16" 1.3/8" 1.5/16" 1.1/4" 1.3/16" 100 B SUDANESE BARAKAT No 1 No X2 No 2 No X3 No 3 No X4 No 4 No X5 No 5 No X6 No 6 No C6 Grade NIL B Staple B NOTE: The prefix 'X' solely represents a different staple for the grade as numbered. Page 3

4 SYRIAN (Sawginned) Grade EXTRA ZERO No 1 No 2 No 3 Staple 1.5/32" 1.1/8" 1.3/32" 1.1/16" 1.1/32" 100 B B -100 TANZANIAN (MWANZA) (RG) (SG) Grade TANG GANY +½ GANY GANY -½ YIKA Grade TANG GANY +½ GANY GANY -½ YIKA B B Staple 1.1/8" 1.3/32" 1.1/16" Staple 1.1/8" 1.3/32" 1.1/16" 100 B B -100 AFRICAN FRANCOZONE Grade Staple 1.5/32" 1.1/8" 1.3/32" 1.1/16" - B B TURKISH RG IZMIR (EGE) RG IZMIR (EGE) Grade No 1 No 2 No 3 Staple 1.5/32" 1.1/8" 1.3/32" 1.1/16" 1.1/32" RG IZMIR B B LIGHT SPOTTED RG SOUTHEAST RG SOUTHEAST Grade EXTRA No 1 Staple 1.1/8" 1.3/32" 1.1/16" 1.1/32" inch RG SE 100 B 50 B LIGHT SPOTTED -150 SG UPLAND SG UPLAND Grade EXTRA No 1 No 2 Staple 1.3/32" 1.1/16" 1.1/32" inch SG UPL'D 150 B B LIGHT SPOTTED - UGANDAN BPA Grade UCON UCOB UCOP UCOA UCOM B Staple 1.5/32" 1.1/8" 1.3/32" 1.1/16" 1.1/32" 100 B Sawginned Grade UCOSA I UCOSA II 100 B Staple 1.1/8" 1.3/32" 50 B Page 4

5 VALUE DIFFERENCES FOR MICRONAIRE (PLEASE READ RULES 233 TO 236 FOR FURTHER INFORMATION) Rule In any dispute about micronaire, the procedure in Rule 233 will apply unless the parties agree otherwise. 2 Unless the buyer and seller agree otherwise: For American cotton: For contracts which set out a minimum micronaire value, the allowances for bales which do not reach this minimum will be as follows: But if the contract sets out a minimum of 3.5 (3.5 NCL or 3.8 UCL) or higher: on cotton reading 2.9 to 2.6 inclusive, the percentage allowance will be increased to 3% for each 0.1 micronaire below 3.0; and on cotton reading 2.5 or below, the percentage allowance will be increased to 4% for each 0.1 micronaire below 2.6. For contracts which set out a maximum micronaire value, the allowances for bales which go over this maximum will be as follows: But if the contract specifies a maximum micronaire reading of 4.9 or lower: on cotton reading 5.6 or higher, the percentage allowance will be increased to 3% for each 0.1 micronaire above 5.6.

6 VALUE DIFFERENCES FOR MICRONAIRE (PLEASE READ RULES 233 TO 236 FOR FURTHER INFORMATION) But if the contract specifies a maximum micronaire reading of 4.9 or lower: on cotton reading 5.6 or higher, the percentage allowance will be increased to 3% for each 0.1 micronaire above 5.6. For non-american cotton: For contracts which set out a minimum micronaire value, the allowances for bales which do not reach this minimum will be as follows: But if the contract sets out a minimum of 3.5 (3.5 NCL or 3.8 UCL) or higher: on cotton reading 2.9 to 2.6 inclusive, the percentage allowance will be increased to 3% for each 0.1 micronaire below 3.0; and on cotton reading 2.5 or below, the percentage allowance will be increased to 4% for each 0.1 micronaire below 2.6. For contracts which set out a maximum micronaire value, the allowances for bales which go over this maximum will be as follows: But if the contract specifies a maximum micronaire reading of 4.9 or lower: on cotton reading 5.6 or higher, the percentage allowance will be increased to 3% for each 0.1 micronaire above 5.6.

7 VALUE DIFFERENCES FOR STRENGTH (PLEASE READ RULES 233 TO 236 FOR FURTHER INFORMATION) Rule In any dispute about strength, the procedure in Rule 233 will apply unless the parties agree otherwise. 2 Unless the buyer and seller agree otherwise, for contracts which set out a minimum strength value, the allowances for bales which do not reach this minimum will be as follows: HVI - Grams/tex below the control limit by: Between And Plus 4% for each gram/tex below 6 Pressley - psi below the control limit by: between And Plus 4% for each 2000 psi below 9000 Printed and Published by The International Cotton Association Ltd, 6th Floor Walker House, Exchange Flags, Liverpool L2 3YL, UK Telephone Fax info@ica-ltd.org Website