Southeast Asia · TH · Bangkok mill-delivered
Thailand
A base-grade ICE bale in Thailand is $451.68 — +7.9% versus the US nearby.
Bale
$451.68
217.7 kg net
Cents per pound
94.1 ¢
SLM 1-1/16″ equivalent
vs ICE
+7.9%
Rank 16 of 41
Bales per $1,000
2.21
US buys 2.39
Local quote
- Currency
- THB · baht
- FX / USD
- 32.400 THB
- Per kilogram
- 67.22 THB
- Per bale
- 14,634 THB
- Implied PPP
- 34.948 THB / USD
- Market FX
- 32.400 THB / USD
The implied PPP rate is richer than the market rate — baht looks overvalued on a cotton basket.
The physical
- Role
- Import mill
- Production
- 10K bales
- Mill use
- 1.1M bales
- Source
- Bangkok 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.