All commodities
Cotton
COT · Agriculture · ICE · Quoted in USc/lb
68.50 USc/lb
-0.340 (-0.49%) today
— · CI Indication
Origin markets
Origin spread 6.500 USc/lbBenchmark: ICE Cotton No.2 (Cotlook A basis). The same tonne prices differently by origin — freight, quality, sanctions and policy set the differential. Deep dive →
| Origin | Basis | Price | vs benchmark | Market note |
|---|---|---|---|---|
🌐 ICE No.2 basis Global · reference | Futures basis | 68.50 | Benchmark | The terminal reference for the Cotlook A complex |
🇦🇺 Australia (FOB) Australia · premium quality | FOB | 72.50 | +4.000 (+5.8%)stable | Long-staple, contamination-free premium |
🇺🇸 US (Memphis/Orleans) USA · quality benchmark | FOB | 71.50 | +3.000 (+4.4%)stable | The deliverable quality benchmark |
🇲🇱 West Africa (Franc Zone) Mali · hand-picked | FOB | 69.50 | +1.000 (+1.5%)stable | Hand-picked quality out of the Franc Zone |
🇧🇷 Brazil (FOB) Brazil · growing exporter | FOB | 67.00 | -1.500 (-2.2%)stable | Rising volumes undercut US |
🇮🇳 India (Shankar-6) India · policy swing | FOB | 66.00 | -2.500 (-3.6%)stable | MSP/export policy swings the discount |
Differentials are indicative desk assessments over the live benchmark — 90-day spread trend shown per origin.
Track physical flows on the live vessel map →Open
68.84
Day High
68.92
Day Low
68.48
Prev Close
68.84
1W
-0.85%
1M
-3.68%
1Y
-15.03%
5Y
-5.28%
Exchange
ICE
6-month range
Annualised volatility 9%Low 62.46Now 68.50 · 14%High 107.12
Forward curve
Indicative term structure · Backwardation
Spot
68.50
USc/lb
3M
67.92
-0.85%
6M
67.62
-1.28%
12M
65.98
-3.68%
18M
64.44
-5.93%
24M
63.42
-7.42%
In other units
Converted from 68.50 USc/lb · indicative FX
USc/lb
63.02
USc/lb
496.63
About Cotton
Cotton is traded in the agriculture segment, with price discovery referenced against ICE. The chart above shows the trailing indicative price path. Physical parcels of Cotton can be sourced or placed through the Off Market desk, listed openly on the Marketplace, or intermediated by a specialist broker.
AgricultureICEUSc/lb-0.49% today