The most active cotton contract for May 2024 delivery lost 130 yuan (about 18.31 U.S. dollars) to close at 15,500 yuan per tonne.
On Monday, the total trading volume for six listed cotton futures contracts on the ZCE was 414,821.0 lots with a turnover of 32.34 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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