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Cotton No.1
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Cotton No.1
  Cotton No.1  contract daily data
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  Cotton No.1  contract



Trading Unit

5 metric tons/lot (conditioned weight)

Price Quotation

Chinese yuan (CNY) per metric ton

Minimum Price Fluctuation

CNY5/metric ton

Daily Price Limit

±4% of the settlement price of the previous trading day;

Refer to relevant provisions on daily price limit under the Measures for the Administration of Risk Controlof Zhengzhou Commodity Exchange

Contract Month

January, March, May, July, September, and November

Trading Hours

Monday to Friday (except public holidays)

9:00 a.m.-11:30 a.m. 1:30 p.m.-3:00 p.m. (Beijing time)

Other trading hours stipulated by Zhengzhou Commodity Exchange

Last Trading Day

The 10th trading day of the delivery month

Last Delivery Day

The 12th trading day of the delivery month

Grade and Quality

Benchmark delivery product: Grade 3128B domestic cotton conforming to “Cotton Chapter 1: Domestic Gear Shaped Fine Staple Cotton” (GB1103.1-2012) with U3 length uniformity, S3 breaking tenacity, and P2 preparation. See theDetailed Rules for Futures Delivery of Zhengzhou Commodity Exchange fordetails on delivery substitutes. Premiums and discounts of substitutesshall be formulated and announced by Zhengzhou Commodity Exchange.

Delivery Point

Delivery warehousesdesignatedby Zhengzhou Commodity Exchange

Minimum Trading Margin

5% of contract value

Delivery Method

Physical delivery

Product Code


Listed Exchange

Zhengzhou Commodity Exchange



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