Central Asia · TM · State crop, Ashgabat
Turkmenistan
A base-grade ICE bale in Turkmenistan is $379.68 — -9.3% versus the US nearby.
Bale
$379.68
217.7 kg net
Cents per pound
79.1 ¢
SLM 1-1/16″ equivalent
vs ICE
-9.3%
Rank 35 of 41
Bales per $1,000
2.63
US buys 2.39
Local quote
- Currency
- TMT · manat
- FX / USD
- 3.500 TMT
- Per kilogram
- 6.10 TMT
- Per bale
- 1,329 TMT
- Implied PPP
- 3.173 TMT / USD
- Market FX
- 3.500 TMT / USD
The implied PPP rate is cheaper than the market rate — manat looks undervalued on a cotton basket.
The physical
- Role
- Producer
- Production
- 800K bales
- Mill use
- 420K bales
- Source
- State crop, Ashgabat
- 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.