Markets > Futures

Cotton futures open higher

ZHENGZHOU
2019-05-17 09:30

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ZHENGZHOU, May 17 (Xinhua) -- Cotton futures opened higher Friday on the Zhengzhou Commodity Exchange (ZCE).

The most active cotton contract for September delivery gained 65 yuan (9.46 U.S. dollars) to open at 14,280 yuan per tonne.

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.
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