NCDEX Indian 28.5 mm Cotton

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Indian 28.5 mm Cotton futures
Exchange National Commodity & Derivatives Exchange
Settlement Physically delivered
Contract Size 50 Bales with each bale of 170 kg (= 85 Quintals)
Pricing Unit Need pricing unit!
Tick Value 1 Rupee
Contract Months All months
Last Trading Day 20th day of the delivery month. If 20th day happens to be a holiday, a Saturday or a Sunday then the due date shall be the immediately preceding trading day of the Exchange.
Note: This contract is electronic ONLY -- no open outcry
  No Open Outcry Electronic
Trading Hours N/A Mondays through Fridays : 10:00 AM to 05:00 PM

Saturdays : 10.00 AM to 2.00 PM

Ticker Symbol N/A COTLSCKADI
Price Limits N/A Daily price fluctuation limit is (+/-) 3%. If the trade hits the prescribed daily price limit there will be a cooling off period for 15 minutes. Trade will be allowed during this cooling off period within the price band. Thereafter the price band shall be raised by another (+/-) 1% and trade will be resumed. If the price hits the revised price band again during the day, trade will only be allowed within the revised price band. No trade/order shall be permitted during the day beyond the revised limit of (+/-) 4%.



NCDEX Indian 28.5 mm Cotton Contract Specifications