ZHENGZHOU, April 7 (Xinhua) -- Cotton futures closed lower Monday in daytime trading on the Zhengzhou Commodity Exchange (ZCE).
The most active cotton contract for May 2025 delivery lost 440 yuan (about 61.13 U.S. dollars) to close at 13,090 yuan per tonne.
On Monday, the total trading volume for six listed cotton futures contracts on the ZCE was 619,688.0 lots with a turnover of 40.89 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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