ZHENGZHOU, June 2 (Xinhua) -- Cotton futures closed higher Tuesday in daytime trading on the Zhengzhou Commodity Exchange (ZCE).
The most active cotton contract for September 2026 delivery gained 125 yuan (about 18.33 U.S. dollars) to close at 16,355 yuan per tonne.
On Tuesday, the total trading volume for six listed cotton futures contracts on the ZCE was 608,901 lots with a turnover of 49.72 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. ■
