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Cotton Futures Close Lower

Muhammad Irfan Published November 29, 2021 | 05:29 PM

Cotton futures close lower

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

ZHENGZHOU, Nov. 29 (UrduPoint / Pakistan Point News - 29th Nov, 2021 ) :Cotton futures closed lower Monday in daytime trading on the Zhengzhou Commodity Exchange (ZCE).

The most active cotton contract for January 2022 delivery lost 365 Yuan (about 57.15 U.S. Dollars) to close at 21,110 yuan per tonne.

On Monday, the total trading volume for six listed cotton futures contracts on the ZCE was 620,808 lots with a turnover of 64.58 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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