ZHENGZHOU, Feb. 5 (Xinhua) -- Cotton futures closed lower Thursday in daytime trading on the Zhengzhou Commodity Exchange (ZCE).
The most active cotton contract for May 2026 delivery lost 40 yuan (about 5.75 U.S. dollars) to close at 14,610 yuan per tonne.
On Thursday, the total trading volume for six listed cotton futures contracts on the ZCE was 468,806 lots with a turnover of 34.4 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. ■
