Zhengzhou Commodity Exchange · CZCE CF
Cotton (CF) trading hours, contract specs and expiry
Live open/closed status and full session times, plus contract size, tick economics and expiry dates in one verified reference.
- Regular hours
- Day 09:00–10:15, 10:30–11:30, 13:30–15:00 · Night 21:00–23:00
- Tick value
- ¥25
- Contract size
- 5 t/lot
Verify against official exchange notices before trading; specs, hours and expiries carry separate review dates.
Cotton (CF) is a agricultural futures product listed on Zhengzhou Commodity Exchange. The day session trades in segments, with a lunch break 11:30–13:30 and a short 10:15–10:30 pause. Its night session runs 21:00–23:00, the standard evening group for Chinese commodities. All schedule facts on this page are cross-checked against the exchange's official timetable, with review dates shown below.
Regular sessions
| Session | Exchange time | UTC | London | New York |
|---|---|---|---|---|
| Day | 09:00–15:00 | 01:00–07:00 | winter 01:00–07:00summer 02:00–08:00 | winter 20:00 (prev day)–02:00summer 21:00 (prev day)–03:00 |
| Night | 21:00–23:00 | 13:00–15:00 | winter 13:00–15:00summer 14:00–16:00 | winter 08:00–10:00summer 09:00–11:00 |
Conversions use standard winter/summer offsets; values can differ by an hour during the weeks when regions switch DST on different dates.
Is Cotton (CF) open right now? When does it open and close?
Cotton (CF) trades on Zhengzhou Commodity Exchange Day 09:00–10:15, 10:30–11:30, 13:30–15:00 · Night 21:00–23:00 China Standard Time (UTC+8). Trading days: Monday to Friday; the night session opens at 21:00 on the previous trading day and counts toward the next one (Friday's night session belongs to Monday), with no weekend trading. The next closure or special session is Sep 25 (Mid-Autumn Festival closure). The status line below works out whether it is open right now from the same reviewed sessions and holiday calendar.
Live open/closed status: see the timeline on the home page.
- Day: 09:00–15:00 China Standard Time (UTC+8) — UTC 01:00–07:00; London winter 01:00–07:00 · summer 02:00–08:00; New York winter 20:00 (prev day)–02:00 · summer 21:00 (prev day)–03:00.
- Night: 21:00–23:00 China Standard Time (UTC+8) — UTC 13:00–15:00; London winter 13:00–15:00 · summer 14:00–16:00; New York winter 08:00–10:00 · summer 09:00–11:00.
- Next closures or special sessions: Sep 25 Mid-Autumn Festival closure; Sep 28 Mid-Autumn Festival reopening — day session only (special session); Oct 1–Oct 7 National Day closure.
- No quotes or margin figures here; open/closed status is derived only from the exchange’s published sessions and holiday notices — verify exchange notices before trading.
Is Cotton (CF) open today or tomorrow?
The status line above resolves the current date in your own time zone. There is no Saturday trading; the week restarts Monday at 09:00 China Standard Time (UTC+8). On a weekday it is closed only on the dates listed above; otherwise the regular sessions apply — Day 09:00–10:15, 10:30–11:30, 13:30–15:00 · Night 21:00–23:00 China Standard Time (UTC+8).
CONTRACT REFERENCE
Contract specifications
- Contract size
- 5 t/lot
- Minimum tick
- ¥5/t
- Tick value
- ¥25
Expiry rule10th trading day of delivery month
FRONT CONTRACTS
Upcoming expiries
* Estimated from the exchange rule and may move for holidays. Countdowns are measured from 2026-09-25 and refresh to your own date when the page loads. This is an on-site reference; external calendar subscriptions are not offered.
- Fields covered
- Specifications, expiry rule and front-contract dates
- Review state
- Accepted; rule estimates retain *
- Reviewed
- Rights state
- Approved for public reference
Official sourceCZCE · CF ↗Methodology →
Holiday closures (2026)
- 2026-09-25Mid-Autumn Festival closure
- 2026-09-28Mid-Autumn Festival reopening — day session only
- 2026-10-01 · 2026-10-02 · 2026-10-05 · 2026-10-06 · 2026-10-07National Day closure
- 2026-10-08National Day reopening — day session only
Cotton listed contract months: last trading day & delivery
Full expiry calendar →As of 2026-09-25 the front-month Cotton contract is CF611 (last trading day 2026-11-13), followed by CF701 (2027-01-15); "front month" here means nearest expiry, not the most active contract.
| CF611 | LTD 2026-11-13 · delivery 2026-11-18 |
|---|---|
| CF701 | LTD 2027-01-15 (est.) · delivery 2027-01-20 |
| CF703 | LTD 2027-03-12 (est.) · delivery 2027-03-17 |
| CF705 | LTD 2027-05-14 (est.) · delivery 2027-05-19 |
| CF707 | LTD 2027-07-14 (est.) · delivery 2027-07-19 |
| CF709 | LTD 2027-09-14 (est.) · delivery 2027-09-17 |
Dates are computed from the exchange contract text and the reviewed holiday calendar; open a symbol for its decode, month closures and neighbouring months.
Can a foreign investor trade Cotton (CF), and take delivery of it?
Cotton (CF) has been on the QFI commodity list since 2026-09-28 and is not a specified domestic product. The VAT-invoice test shuts a QFI out of duty-paid delivery, and the bonded "overseas buyer" allocation excludes QFII and RQFII by name. What is left is closing the position.
- Specified domestic product
- No
- QFI
- 2026-09-28
- Delivery reachability
- No delivery
The notice behind each cell, and all 42 products side by side China access matrix → · Opening timeline →
FAQ
- What are Cotton (CF) trading hours?
- Cotton regular sessions are: Day 09:00–10:15, 10:30–11:30, 13:30–15:00 · Night 21:00–23:00 (exchange local time).
- Does Cotton have a night session and when does it end?
- Yes — the Cotton night session runs 21:00–23:00 (exchange local time).
- Is Cotton open right now?
- Check the live timeline for the current open/closed status of Cotton and the countdown to the next open or close.
- Does Cotton pause at lunchtime?
- Yes — the morning session ends at 11:30 and trading resumes at 13:30, with an additional short pause 10:15–10:30 (exchange local time).
- Does Cotton trade on weekends?
- No Saturday or Sunday trading; the Friday night session runs as usual and closes at 23:00.
- When is Cotton closed for Chinese New Year 2026?
- Spring Festival closures fall on 2026-02-16, 2026-02-17, 2026-02-18, 2026-02-19, 2026-02-20, 2026-02-23 (6 trading days); the first day back normally has a day session only.
Sources & review coverage
Holiday data coverage: 2026-01-01 to 2026-12-31; regular sessions effective 2026-07-20.
- 郑商所白糖期货/期权品种页 — 合约交易时间Zhengzhou Commodity Exchange · reviewed 2026-08-07
- 郑商所《关于2026年部分节假日休市安排的通知》（郑商函〔2025〕939号，2025-12-17）Zhengzhou Commodity Exchange · reviewed 2026-08-07
Read the data sources, freshness and corrections methodology →