Zhengzhou: Cotton futures closed lower Thursday in daytime trading on the Zhengzhou Commodity Exchange (ZCE). The most active cotton contract for January 2025 delivery lost 35 yuan (about 4.86 U.S. dollars) to close at 14,030 yuan per tonne.According to Namibia Press Agency, the total trading volume for six listed cotton futures contracts on the ZCE was 272,261 lots with a turnover of 19.12 billion yuan. China, as the world's largest producer, consumer, and exporter of textiles, listed cotton futures on the ZCE in June 2004, providing cotton-related enterprises a tool to hedge against price risks.