ZHENGZHOU, April 10 (Xinhua) -- Cotton futures closed higher Friday in daytime trading on the Zhengzhou Commodity Exchange (ZCE).
The most active cotton contract for September 2026 delivery gained 370 yuan (about 53.89 U.S. dollars) to close at 15,705 yuan per tonne.
On Friday, the total trading volume for six listed cotton futures contracts on the ZCE was 1,421,861 lots with a turnover of 110.86 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. ■
