Europe · GR · Greek gin / Thessaly
Greece
A base-grade ICE bale in Greece is $455.04 — +8.7% versus the US nearby.
Bale
$455.04
217.7 kg net
Cents per pound
94.8 ¢
SLM 1-1/16″ equivalent
vs ICE
+8.7%
Rank 15 of 41
Bales per $1,000
2.20
US buys 2.39
Local quote
- Currency
- EUR · euro
- FX / USD
- 0.860 EUR
- Per kilogram
- 1.80 EUR
- Per bale
- 391 EUR
- Implied PPP
- 0.935 EUR / USD
- Market FX
- 0.860 EUR / USD
The implied PPP rate is richer than the market rate — euro looks overvalued on a cotton basket.
The physical
- Role
- Producer
- Production
- 1.2M bales
- Mill use
- 180K bales
- Source
- Greek gin / Thessaly
- Tier
- cotlook
The EU's remaining large producer. Ginned lots into Izmir and Alexandria set the regional premium.