CZCE cotton futures (CF): margin, price limit and fees
End-of-day open interest is not yet verified. Contract-level parameters are listed below.
Official CZCE parameters for trading day 26 Oct 2026 · CZCE source ↗
By contract
| Contract | Spec. margin | Price limit | Fee | Close-today fee | Position limit | Opening limit |
|---|---|---|---|---|---|---|
| CF611 | 10% | ±6% | CNY 4.3/lot | CNY 0/lot | 4,000 | 10,000 |
| CF701 | 7% | ±6% | CNY 4.3/lot | CNY 0/lot | 61,691 | 10,000 |
| CF703 | 7% | ±6% | CNY 4.3/lot | CNY 0/lot | 20,000 | 10,000 |
| CF705 | 7% | ±6% | CNY 4.3/lot | CNY 0/lot | 20,000 | 10,000 |
| CF707 | 7% | ±6% | CNY 4.3/lot | CNY 0/lot | 20,000 | 10,000 |
| CF709 | 7% | ±6% | CNY 4.3/lot | CNY 0/lot | 20,000 | 10,000 |
Fees as a share of turnover unless shown per lot. Position and opening limits in lots per contract. A contract near or in its delivery month can carry a higher margin, and the exchange may list no price limit for it.
Parameter history
Parameter values compared by trading day; dates are not notice effective times.
- Position limit Daily position limit: 59105 lots → Daily position limit: 61691 lotsCF701 · Compared with 2026-10-23
- Position limit Daily position limit: 59405 lots → Daily position limit: 59105 lotsCF701 · Compared with 2026-10-22
- Position limit Daily position limit: 60305 lots → Daily position limit: 59405 lotsCF701 · Compared with 2026-10-21
- Position limit Daily position limit: 62189 lots → Daily position limit: 60305 lotsCF701 · Compared with 2026-10-20
- Position limit Daily position limit: 60800 lots → Daily position limit: 62189 lotsCF701 · Compared with 2026-10-19
- Position limit Daily position limit: 59010 lots → Daily position limit: 60800 lotsCF701 · Compared with 2026-10-16
Show 7 more
- Position limit Daily position limit: 58181 lots → Daily position limit: 59010 lotsCF701 · Compared with 2026-10-15
- Speculative margin 7% → 10%CF611 · Compared with 2026-10-14
- Position limit Daily position limit: 20000 lots → Daily position limit: 4000 lotsCF611 · Compared with 2026-10-14
- Position limit Daily position limit: 59159 lots → Daily position limit: 58181 lotsCF701 · Compared with 2026-10-14
- Position limit Daily position limit: 58290 lots → Daily position limit: 59159 lotsCF701 · Compared with 2026-10-13
- Position limit Daily position limit: 57491 lots → Daily position limit: 58290 lotsCF701 · Compared with 2026-10-12
- Position limit Daily position limit: 55667 lots → Daily position limit: 57491 lotsCF701 · Compared with 2026-10-09
Notice timeline
Published notices mentioning this product, ordered by the exchange publication date.
No matching notices in the published archive.
Get an alert when CZCE changes cotton margins or limits: CEC Pro.
Sources
Values are copied from the Zhengzhou Commodity Exchange's official daily trading and settlement parameters for 26 Oct 2026, with no adjustment. Hours: Futures Clock · Holidays: Markets Open Today. The exchange's own publication prevails.