ZHENGZHOU, April 29 (Xinhua) -- Cotton futures closed lower Tuesday in daytime trading on the Zhengzhou Commodity Exchange (ZCE).
The most active cotton contract for September 2025 delivery lost 130 yuan (about 18.05 U.S. dollars) to close at 12,840 yuan per tonne.
On Tuesday, the total trading volume for six listed cotton futures contracts on the ZCE was 256,332.0 lots with a turnover of 16.44 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. ■
