Cotton No. 2 Futures Contract Specifications
CT · ICE US · one contract = 50,000 lbs
Cotton No. 2 futures (CT) trade on ICE US in 0.01-increment ticks worth $5.00 per contract; a full 1.0-point move is $500.00. One contract covers 50,000 lbs.
Specification table
| Name | Cotton No. 2 |
| Exchange | ICE US |
| Ticker symbol | CT |
| Contract unit | 50,000 lbs |
| Tick size | 0.01 |
| Tick value | $5.00 |
| Point value | $500.00 |
| CFTC contract code | 033661 |
| COT report families | legacy, disagg |
| Quote convention | quoted in cents/lb |
Worked tick math
A 10-tick move on 1 Cotton No. 2 contract (CT) is $50.00 — tick size 0.01 × tick value $5.00. A 1-point move is 100 ticks = $500.00. Ten contracts moving 5 ticks = $250.00.
Run your own numbers: Cotton No. 2 futures calculator.
Positioning: large speculators are net long 95,112 contracts as of the 2026-07-21 COT report — full Cotton No. 2 COT data.
FAQ
- What is the tick size and value of Cotton No. 2 futures?
- Cotton No. 2 (CT, ICE US) moves in 0.01 increments worth $5.00 per contract.
- What does one CT contract cover?
- One contract covers 50,000 lbs.
- How much is a full point on CT?
- $500.00 — tick value ÷ tick size.
Related
Cotton No. 2 COT report
Cotton No. 2 calculator
Cotton No. 2 COT history (CSV)
All contract specs
All calculators
Specs verified against exchange sources 2026-07-25; the exchange's own contract page is always authoritative. Not investment advice.