CHINA Cotton futures close higher

CHINA

Cotton futures close higher

Xinhua

19:00, July 24, 2019

ZHENGZHOU, July 24 (Xinhua)-- Cotton futures closed higher Wednesday on the Zhengzhou Commodity Exchange (ZCE).

VCG111212649518.jpg

(Photo: VCG)

The most active cotton contract for September delivery gained 50 yuan (7.26 U.S. dollars) to close at 13,255 yuan per tonne.

On Wednesday, the total trading volume for 6 listed cotton futures contracts on the ZCE was 515,834 lots with a turnover of 34.32 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 price risks. Enditem

Related Stories

Terms of Service & Privacy Policy

We have updated our privacy policy to comply with the latest laws and regulations. The updated policy explains the mechanism of how we collect and treat your personal data. You can learn more about the rights you have by reading our terms of service. Please read them carefully. By clicking AGREE, you indicate that you have read and agreed to our privacy policies

Agree and continue