Cotton futures close higher

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ZHENGZHOU, Sept. 3 (Xinhua) -- Cotton futures closed higher Tuesday in daytime trading on the Zhengzhou Commodity Exchange (ZCE).

The most active cotton contract for January 2025 delivery gained 100 yuan (about 14.06 U.S. dollars) to close at 13,770 yuan per tonne.

On Tuesday, the total trading volume for six listed cotton futures contracts on the ZCE was 422,104.0 lots with a turnover of 28.92 billion yuan.

As the world's largest producer, consumer and exporter of textiles, China listed cotton futures on ZCE in June 2004, helping cotton-related enterprises hedge the price risk. Enditem

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