ZHENGZHOU, April 22 (Xinhua) -- Cotton futures opened higher Monday on the Zhengzhou Commodity Exchange (ZCE).
The most active cotton contract for September delivery gained 20 yuan (2.98 U.S. dollars) to open at 15,845 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 the price risk.