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

Europe · GB · Liverpool mill-delivered

United Kingdom

A base-grade ICE bale in United Kingdom is $486.72+16.2% versus the US nearby.

Bale

$486.72

217.7 kg net

Cents per pound

101.4 ¢

SLM 1-1/16″ equivalent

vs ICE

+16.2%

Rank 4 of 41

Bales per $1,000

2.05

US buys 2.39

Local quote

Currency
GBP · pound
FX / USD
0.742 GBP
Per kilogram
1.66 GBP
Per bale
361 GBP
Implied PPP
0.862 GBP / USD
Market FX
0.742 GBP / USD

The implied PPP rate is richer than the market rate — pound looks overvalued on a cotton basket.

The physical

Role
Import mill
Production
0 bales
Mill use
90K bales
Source
Liverpool 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.

Same region

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