Cotton futures close higher

0 Comment(s)Print E-mail Xinhua, February 11, 2025
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ZHENGZHOU, Feb. 11 (Xinhua) -- Cotton futures closed higher Tuesday in daytime trading on the Zhengzhou Commodity Exchange (ZCE).

The most active cotton contract for May 2025 delivery gained 105 yuan (about 14.64 U.S. dollars) to close at 13,735 yuan per tonne.

On Tuesday, the total trading volume for six listed cotton futures contracts on the ZCE was 529,320 lots with a turnover of 36.39 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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