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What does cotton CF205 mean
Cotton CF205 refers to cotton futures

Futures, whose English name is futures, is completely different from spot. Spot is actually a tradable commodity. Futures are mainly not commodities, but standardized tradable contracts based on some popular products such as cotton, soybeans and oil and financial assets such as stocks and bonds.

Therefore, the subject matter can be commodities (such as gold, crude oil and agricultural products) or financial instruments.