Middle East · AE · Jebel Ali re-export
United Arab Emirates
A base-grade ICE bale in United Arab Emirates is $445.44 — +6.4% versus the US nearby.
Bale
$445.44
217.7 kg net
Cents per pound
92.8 ¢
SLM 1-1/16″ equivalent
vs ICE
+6.4%
Rank 19 of 41
Bales per $1,000
2.24
US buys 2.39
Local quote
- Currency
- AED · dirham
- FX / USD
- 3.673 AED
- Per kilogram
- 7.51 AED
- Per bale
- 1,636 AED
- Implied PPP
- 3.907 AED / USD
- Market FX
- 3.673 AED / USD
The implied PPP rate is richer than the market rate — dirham looks overvalued on a cotton basket.
The physical
- Role
- Import mill
- Production
- 0 bales
- Mill use
- 120K bales
- Source
- Jebel Ali re-export
- Tier
- cotlook
A re-export hub more than a mill. The dirham's dollar peg means live FX barely moves this row.