Southern Africa · ZM · Eastern Province gin
Zambia
A base-grade ICE bale in Zambia is $360.96 — -13.8% versus the US nearby.
Bale
$360.96
217.7 kg net
Cents per pound
75.2 ¢
SLM 1-1/16″ equivalent
vs ICE
-13.8%
Rank 38 of 41
Bales per $1,000
2.77
US buys 2.39
Local quote
- Currency
- ZMW · kwacha
- FX / USD
- 23.400 ZMW
- Per kilogram
- 38.79 ZMW
- Per bale
- 8,446 ZMW
- Implied PPP
- 20.171 ZMW / USD
- Market FX
- 23.400 ZMW / USD
The implied PPP rate is cheaper than the market rate — kwacha looks undervalued on a cotton basket.
The physical
- Role
- Producer
- Production
- 240K bales
- Mill use
- 30K bales
- Source
- Eastern Province 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.