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

East Africa · TZ · Mwanza / Morogoro gin

Tanzania

A base-grade ICE bale in Tanzania is $357.60-14.6% versus the US nearby.

Bale

$357.60

217.7 kg net

Cents per pound

74.5 ¢

SLM 1-1/16″ equivalent

vs ICE

-14.6%

Rank 39 of 41

Bales per $1,000

2.80

US buys 2.39

Local quote

Currency
TZS · shilling
FX / USD
2,470 TZS
Per kilogram
4,056.83 TZS
Per bale
883,272 TZS
Implied PPP
2,109.296 TZS / USD
Market FX
2,470.000 TZS / USD

The implied PPP rate is cheaper than the market rate — shilling looks undervalued on a cotton basket.

The physical

Role
Producer
Production
400K bales
Mill use
90K bales
Source
Mwanza / Morogoro gin
Tier
estimate

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.

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