ZHENGZHOU, March 12 (Xinhua) -- Cotton futures closed lower Wednesday in daytime trading on the Zhengzhou Commodity Exchange (ZCE).
The most active cotton contract for May 2025 delivery lost 20 yuan (about 2.79 U.S. dollars) to close at 13,610 yuan per tonne.
On Wednesday, the total trading volume for six listed cotton futures contracts on the ZCE was 195,265 lots with a turnover of 13.35 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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