All commodities
Cotton
COT · Agriculture · ICE · Quoted in USc/lb
95.25 USc/lb
-0.454 (-0.47%) vs prior
Monthly avg, World Bank Pink Sheet, Sep 2026
Monthly averages · from 1960-01-01
Origin markets
Benchmark: 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 | Market note |
|---|---|---|
🌐 ICE No.2 basis Global · reference | Futures basisBenchmark | The terminal reference for the Cotlook A complex |
🇦🇺 Australia (FOB) Australia · premium quality | FOB | Long-staple, contamination-free premium |
🇺🇸 US (Memphis/Orleans) USA · quality benchmark | FOB | The deliverable quality benchmark |
🇲🇱 West Africa (Franc Zone) Mali · hand-picked | FOB | Hand-picked quality out of the Franc Zone |
🇧🇷 Brazil (FOB) Brazil · growing exporter | FOB | Rising volumes undercut US |
🇮🇳 India (Shankar-6) India · policy swing | FOB | MSP/export policy swings the discount |
Origin notes are qualitative context. Dollar differentials are not shown, because no public differential series is attached.
Track physical flows on the live vessel map →Open
95.71
Range high
95.71
Range low
73.94
Prev Close
95.71
1W
—
1M
+7.14%
1Y
+21.39%
5Y
-8.29%
Exchange
ICE
6-month range
Annualised volatility 17%Low 27.22Now 95.25 · 34%High 229.52
In other units
Converted from 95.25 USc/lb · indicative FX
USD/lb
0.953
USD/kg
2.100
USD/t
2,100.00
EURc/lb · FX conversion, not an exchange quote
87.63
About Cotton
Cotton is traded in the agriculture segment. The series on this page is the named public source, not a live feed. 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-0.47% vs prior