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Cotton Futures Close Lower

Sumaira FH Published November 25, 2021 | 02:14 PM

Cotton futures close lower

Cotton futures closed lower Thursday in daytime trading on the Zhengzhou Commodity Exchange (ZCE)

ZHENGZHOU, Nov. 25 (UrduPoint / Pakistan Point News - 25th Nov, 2021 ) --:Cotton futures closed lower Thursday in daytime trading on the Zhengzhou Commodity Exchange (ZCE).

The most active cotton contract for January 2022 delivery lost 95 Yuan (about 14.85 U.S. Dollars) to close at 21,530 yuan per tonne.

On Thursday, the total trading volume for six listed cotton futures contracts on the ZCE was 310,815 lots with a turnover of 33.13 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

Related Topics

World China Price Zhengzhou Commodity Exchange January June Textile Cotton Billion

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