Europe · PT · Porto mill-delivered
Portugal
A base-grade ICE bale in Portugal is $467.52 — +11.6% versus the US nearby.
Bale
$467.52
217.7 kg net
Cents per pound
97.4 ¢
SLM 1-1/16″ equivalent
vs ICE
+11.6%
Rank 11 of 41
Bales per $1,000
2.14
US buys 2.39
Local quote
- Currency
- EUR · euro
- FX / USD
- 0.860 EUR
- Per kilogram
- 1.85 EUR
- Per bale
- 402 EUR
- Implied PPP
- 0.960 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
- 140K bales
- Source
- Porto mill-delivered
- 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.