Cotton futures close lower

ZHENGZHOU, April 28 (Xinhua) -- Cotton futures closed lower Monday in daytime trading on the Zhengzhou Commodity Exchange (ZCE).

The most active cotton contract for September 2025 delivery lost 60 yuan (about 8.33 U.S. dollars) to close at 12,950 yuan per tonne.

On Monday, the total trading volume for six listed cotton futures contracts on the ZCE was 276,902 lots with a turnover of 17.9 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