ZHENGZHOU, July 7 (Xinhua) -- Cotton futures closed lower Monday in daytime trading on the Zhengzhou Commodity Exchange (ZCE).
The most active cotton contract for September 2025 delivery lost 30 yuan (about 4.20 U.S. dollars) to close at 13,760 yuan per tonne.
On Monday, the total trading volume for six listed cotton futures contracts on the ZCE was 262,268 lots with a turnover of 18.08 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. ■
