Futures in China
Cotton 2014-06-23
Cotton No.1 Futures Contract Specs
 Contract Size  5 Tons (conventional weight)
 Price Quote  Yuan (RMB)/Ton
 Tick Size  5 Yuan/Ton
 Daily Price Limit  4% of above or below the previous trading day's settlement price
 Contract Months  Jan, Mar, May, Jul, Sep, and Nov
 Trading Hours  Monday through Friday (legal holidays excepted)
 9:00-11:30 a.m. 1:30-3:00 p.m.
 Last Trading Day  The tenth trading day of the delivery month
 Delivery Date  The twelfth trading day of the delivery month
 Deliverable Grades  Grade 328B* saw ginned upland cotton (national standard GB1103-2007).  Substitutions at differentials see Delivery Rules of ZCE
 Other delivery grades listed in Delivery Rules of ZCE
 Delivery Place  Exchange-appointed delivery warehouses
 The Lowest Margin Rate  5% of contract value
 Trading Fees  8 Yuan/contract(including risk fund)
 Delivery Method  Physical delivery
 Ticker Symbol  CF
 Listed Exchange  Zhengzhou Commodity Exchange