ZHENGZHOU, Aug. 13 (Xinhua) -- Cotton futures closed higher Wednesday in daytime trading on the Zhengzhou Commodity Exchange (ZCE).
The most active cotton contract for January 2026 delivery gained 195 yuan (about 27.33 U.S. dollars) to close at 14,130 yuan per tonne.
On Wednesday, the total trading volume for six listed cotton futures contracts on the ZCE was 645,549 lots with a turnover of 45.2 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. ■
