Southern Africa · ZA · Limpopo / mill
South Africa
A base-grade ICE bale in South Africa is $414.72 — -1.0% versus the US nearby.
Bale
$414.72
217.7 kg net
Cents per pound
86.4 ¢
SLM 1-1/16″ equivalent
vs ICE
-1.0%
Rank 25 of 41
Bales per $1,000
2.41
US buys 2.39
Local quote
- Currency
- ZAR · rand
- FX / USD
- 17.550 ZAR
- Per kilogram
- 33.43 ZAR
- Per bale
- 7,278 ZAR
- Implied PPP
- 17.381 ZAR / USD
- Market FX
- 17.550 ZAR / USD
The local dollar price sits in line with ICE. rand looks fairly valued on a cotton basket.
The physical
- Role
- Producer and mill
- Production
- 50K bales
- Mill use
- 180K bales
- Source
- Limpopo / 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.