Markets > Futures

Cotton futures open lower

ZHENGZHOU
2019-05-31 10:28

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ZHENGZHOU, May 31 (Xinhua) -- Cotton futures opened lower Friday on the Zhengzhou Commodity Exchange (ZCE).

  The most active cotton contract for September delivery lost 35 yuan (5.07 U.S. dollars) to open at 13,515 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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