Americas · BR · SLM mill-delivered São Paulo
Brazil
A base-grade ICE bale in Brazil is $431.04 — +2.9% versus the US nearby.
Bale
$431.04
217.7 kg net
Cents per pound
89.8 ¢
SLM 1-1/16″ equivalent
vs ICE
+2.9%
Rank 21 of 41
Bales per $1,000
2.32
US buys 2.39
Local quote
- Currency
- BRL · real
- FX / USD
- 5.380 BRL
- Per kilogram
- 10.65 BRL
- Per bale
- 2,319 BRL
- Implied PPP
- 5.538 BRL / USD
- Market FX
- 5.380 BRL / USD
The implied PPP rate is richer than the market rate — real looks overvalued on a cotton basket.
The physical
- Role
- Producer and mill
- Production
- 16.9M bales
- Mill use
- 7.2M bales
- Source
- SLM mill-delivered São Paulo
- Tier
- usda
Strict low middling delivered to a mill in São Paulo. Export lots into Asia often clear a few cents under this mill quote.