Markets > Futures

Cotton futures open lower

ZHENGZHOU
2019-05-20 10:32

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ZHENGZHOU, May 20 (Xinhua) -- Cotton futures opened lower Monday on the Zhengzhou Commodity Exchange (ZCE).    

The most active cotton contract for September delivery lost 165 yuan (23.96 U.S. dollars) to open at 14,030 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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