North Africa · EG · Upland mill equivalent
Egypt
A base-grade ICE bale in Egypt is $448.80 — +7.2% versus the US nearby.
Bale
$448.80
217.7 kg net
Cents per pound
93.5 ¢
SLM 1-1/16″ equivalent
vs ICE
+7.2%
Rank 18 of 41
Bales per $1,000
2.23
US buys 2.39
Local quote
- Currency
- EGP · pound
- FX / USD
- 48.400 EGP
- Per kilogram
- 99.77 EGP
- Per bale
- 21,722 EGP
- Implied PPP
- 51.873 EGP / USD
- Market FX
- 48.400 EGP / USD
The implied PPP rate is richer than the market rate — pound looks overvalued on a cotton basket.
The physical
- Role
- Producer and mill
- Production
- 450K bales
- Mill use
- 700K bales
- Source
- Upland mill equivalent
- Tier
- mill
Upland mill equivalent only. Extra-long-staple Giza still trades roughly 1.8–2.2× this quote and is not in the ranking.