Trading unit 5 tons/lot (conditional weight) Quotation bits (RMB)/ton Minimum change price 5 yuan/ton Maximum fluctuation limit of daily price shall not exceed the contract delivery month of 4% of the settlement price of the previous trading day.

1, 3,5,7,9, 1 1 month

Trading hours are Monday to Friday (except legal holidays):

9: 00 am-11:30 pm: 1: 30-3: 00 pm.

Last trading day 10 trading day of the contract delivery month.

The final delivery date is the 12 trading day of the contract delivery month. Graded delivery products: 328B domestic serrated fine wool white cotton (in line with GB1103-2007);

Substitutes and their discounts are detailed in the delivery rules of the exchange.

Delivery place cotton delivery warehouse designated by the exchange

Minimum trading margin

5% of the contract value

Transaction fee 8 yuan/hand (including risk reserve) delivery method: physical delivery.

Transaction code CF

Listed Exchange Zhengzhou Commodity Exchange