Trade Softs

Cotton Futures Specifications

About Us
Food Markets
Fiber Markets
Grain Markets
Quotes and Charts
Free Demo Account
Open Account
Contact Us


Futures Contract Specifications

The cotton contract specifications tell you how the cotton futures trade, not how to trade to cotton futures. Before you consider opening a commodity futures account you should consult with a licensed commodities broker.

Cotton Futures

Trading Unit - 50,000 lbs. net weight (approximately 100 bales).

Trading Hours - 1:05 pm to 3:00pm NY time.

Price Quotation - Cents and hundreths of cent per pound

Trading Months - Current month plus one or more of the next twenty-three succeeding months. Active trading months: March, May, July, October, December.

Ticker Symbol - CT

Minimum Fluctuation - 1/100 of a cent (one "point") per pound below 95 cents per pound. 5/100 of a cent (or five "points") per pound at prices of 95 cents per pound on higher. Spreads may always trade and be quoted in one point increments, regardless of price levels.

Last Trading Day - Seventeen business days from end of spot month.

First Notice Day - Five business days from end of preceding month.

Daily Price Limit - 3 cents above or below previous day's settlement price. However, if any contract months settles at or above $1.10 per pound, all contract months will trade with 4 cent price limits. Should no month settle at or above $1.10 per pound, price limits stay (or revert) to 3 cents per pound. Spot month - no limit on or after first notice day.

Position Limits
Delivery Month300 contracts
Any other month2,500 contracts
All months combined3,500 contracts
Futures and options have a combined limit in futures equivalents.
Basis Grade
Quality:Strict Low Middling
Staple Length:1 2/32nd inch

Point Value - $5.00

Delivery Points - Galveston, TX; Houston, TX; New Orleans, LA; Memphis, TN; Greenville/Spartanburg, S.C.

Cotton No. 2 Futures Specifications

Click on the link above to download a printable .pdf reference sheet entitled “ICE Futures US Cotton no. 2 Futures” which contains the current cotton futures contract specifications.

Click here to contact a licensed commodities broker with experience in the cotton market to discuss market opportunities and trade recommendations.

Commodity trading is not suitable for everyone. The risk of loss in trading can be substantial. This material has been prepared by a sales or trading employee or agent of Van Commodities, Inc. and is, or is in the nature of, a solicitation. This material is not a research report prepared by Van Commodities, Inc. Research Department. Please view our Risk Disclosure.

© 2011 Van Commodites, Inc. All Rights Reserved