Cotton futures close lower

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ZHENGZHOU, Jan. 6 (Xinhua) -- Cotton futures closed lower Monday in daytime trading on the Zhengzhou Commodity Exchange (ZCE).

The most active cotton contract for May 2025 delivery lost 140 yuan (about 19.48 U.S. dollars) to close at 13,345 yuan per tonne.

On Monday, the total trading volume for six listed cotton futures contracts on the ZCE was 306,989 lots with a turnover of 20.55 billion yuan.

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

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