Markets > Futures

Cotton futures open higher

2019-07-08 10:28

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ZHENGZHOU, July 8 (Xinhua) -- Cotton futures opened higher Monday on the Zhengzhou Commodity Exchange (ZCE).

The most active cotton contract for September delivery gained 30 yuan (4.37 U.S. dollars) to open at 13,880 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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