ZHENGZHOU, Jan. 13 (Xinhua) -- Cotton futures opened higher Wednesday in daytime trading on the Zhengzhou Commodity Exchange (ZCE).
The most active cotton contract for May 2021 delivery gained 115 yuan (about 17.8 U.S. dollars) to open at 15,200 yuan per tonne.
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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