Mercantile Exchange
Of VietNam

Cotton

  • ICE US Cotton No. 2

    Trading Screen Product Name

    ICE US Cotton No. 2

    Commodity Code

    CTE

    Contract Size

    50 000 pounds/ lot

    Price Quotation

    cent / pound

    Trading Hours

    Monday - Friday
    08:00 A.M - 01:20 A.M (the next day)

    Minimum Price Fluctuation

    0.01 cent / pound

    Contract Series

    March, May, July, October, and December

    Delivery Registration Day

    The fifth business day prior to the First Notice Day

    First Notice Day

    Five business days before the first delivery day of the spot contract month, which is the first business day of that month.

    Last Trading Day

    Seventeen business days from end of spot month.

    Margin

    As MXV required

    Position Limit

    As MXV required

    Price Limit

    Daily price limit can range from 3 to 7 cents per pound.

    Settlement Method

    Deliverable

    Quality Standards

    Standards are detailed below