Cotton futures close flat

0 Comment(s)Print E-mail Xinhua, July 16, 2019
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ZHENGZHOU, July 16 (Xinhua) -- Cotton futures closed flat Tuesday on the Zhengzhou Commodity Exchange (ZCE).

The most active cotton contract for September delivery closed at 13,075 yuan per tonne.

On Tuesday, the total trading volume of the five listed cotton futures contracts on the ZCE was 408,512 lots with a turnover of 27 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. Enditem

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