Cotton futures close higher

0 Comment(s)Print E-mail Xinhua, January 27, 2025
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ZHENGZHOU, Jan. 27 (Xinhua) -- Cotton futures closed higher Monday in daytime trading on the Zhengzhou Commodity Exchange (ZCE).

The most active cotton contract for May 2025 delivery gained 180 yuan (about 25.11 U.S. dollars) to close at 13,690 yuan per tonne.

On Monday, the total trading volume for six listed cotton futures contracts on the ZCE was 225,457 lots with a turnover of 15.39 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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