Markets > Futures

Cotton futures close lower

ZHENGZHOU
2022-03-30 16:59

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ZHENGZHOU, March 30 (Xinhua) -- Cotton futures closed lower Wednesday in daytime trading on the Zhengzhou Commodity Exchange (ZCE).

The most active cotton contract for May 2022 delivery lost 10 yuan (about 1.57 U.S. dollars) to close at 21,745 yuan per tonne.

On Wednesday, the total trading volume for six listed cotton futures contracts on the ZCE was 253,279 lots with a turnover of 27.19 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.
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