Cotton futures open lower

Source: Xinhua| 2019-09-19 10:32:54|Editor: huaxia
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ZHENGZHOU, Sept. 19 (Xinhua) -- Cotton futures opened lower Thursday in daytime trading on the Zhengzhou Commodity Exchange (ZCE).

The most active cotton contract for January 2020 delivery lost 85 yuan (12.02 U.S. dollars) to open at 12,890 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 price risks. Enditem

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