Markets > Futures

Cotton futures close lower

ZHENGZHOU
2022-04-11 17:36

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ZHENGZHOU, April 11 (Xinhua) -- Cotton futures closed lower Monday in daytime trading on the Zhengzhou Commodity Exchange (ZCE).

The most active cotton contract for May 2022 delivery lost 15 yuan (about 2.4 U.S. dollars) to close at 21,555 yuan per tonne.

On Monday, the total trading volume for six listed cotton futures contracts on the ZCE was 229,430 lots with a turnover of 24.36 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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