ZHENGZHOU, March 26 (Xinhua) -- Cotton futures closed higher Wednesday in daytime trading on the Zhengzhou Commodity Exchange (ZCE).
The most active cotton contract for May 2025 delivery gained 30 yuan (about 4.18 U.S. dollars) to close at 13,635 yuan per tonne.
On Wednesday, the total trading volume for six listed cotton futures contracts on the ZCE was 358,930 lots with a turnover of 24.46 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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