Contract Size

5 tons per lot (conditioned weight)

Pricing Unit

Yuan per ton

Tick Size

5yuan per ton

Daily Price Limit

Within 4% above or below the settlement price of the previous trading day;

Refer to “ZCE Risk Management Rules and Practices”

Minimum Trading Margin

5% of contract value

Contract Months

January, March, May, July, September, November

Trading Hours

Monday – Friday, 9:00 am to 11:30 am, 1:30 pm to 3:00 pm (the Beijing Time)

Last Trade Date

10th trading day of contract month

Last Delivery Date

Delivery by standard warrants:12th trading day of contract month

Delivery on vehicle or ship board: 20th calendar day of next month

Deliverable Grades

Deliverable at par: Grade 3128 B domestic cotton conforming to GB1103.1-2012 with physical index matching requirements of level U3, S3 and P2

Delivery Venue

ZCE Certified Delivery Warehouses

Delivery Type

Physical Delivery

Product Ticker Symbols

CF