ICE Futures U.S. Cotton No. 2 · Dec 2026 87.24 ¢/lb · Base-grade bale $418.75 · Cash / spot 79.98 ¢/lb · Cotlook A 92.4 ¢/lb · SLM 1-1/16″ color 41 leaf 4 staple 34 · 480 lb net USDA statistical bale · As of 11 September 2026

Europe · IT · Prato / Veneto mill

Italy

A base-grade ICE bale in Italy is $480.48+14.7% versus the US nearby.

Bale

$480.48

217.7 kg net

Cents per pound

100.1 ¢

SLM 1-1/16″ equivalent

vs ICE

+14.7%

Rank 6 of 41

Bales per $1,000

2.08

US buys 2.39

Local quote

Currency
EUR · euro
FX / USD
0.860 EUR
Per kilogram
1.90 EUR
Per bale
413 EUR
Implied PPP
0.987 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
Import mill
Production
0 bales
Mill use
420K bales
Source
Prato / Veneto mill
Tier
mill

Quote is an SLM 1-1/16″ equivalent at the mill or gin, converted at survey FX against ICE Dec 2026 at 87.24 ¢/lb.

Same region

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