ZHENGZHOU, June 20 (Xinhua) -- Cotton futures closed higher Friday in daytime trading on the Zhengzhou Commodity Exchange (ZCE).
The most active cotton contract for September 2025 delivery gained 5 yuan (about 69.74 U.S. cents) to close at 13,495 yuan per tonne.
On Friday, the total trading volume for six listed cotton futures contracts on the ZCE was 197,793 lots with a turnover of 13.35 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. ■
