Zhengzhou: Cotton futures closed lower Friday in daytime trading on the Zhengzhou Commodity Exchange (ZCE). The most active cotton contract for September 2025 delivery lost 10 yuan (about 1.4 U.S. dollars) to close at 13,780 yuan per tonne.
According to Namibia Press Agency, on Friday, the total trading volume for six listed cotton futures contracts on the ZCE was 170,707 lots with a turnover of 11.76 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.