On August 26, launched by huatai futures and to undertake, huarui information organizing, zhengzhou Commodity Exchange special supporting the "cotton textile enterprise present situation and market exchange" in 2017 successfully held, aims to build a high-end, professional textile enterprise market report meeting.

In the past few years, the textile industry for economic development in our country are of great support, although the current shunt and impact from different places, faces many uncertain factors, but is still in the process of China's economic development plays an important role.

On August 18, cotton futures were officially listed in zheng shang, the first commodity futures to be listed in China in 2016.

Guangdong textile association, vice President of Zhang Yijiang said, cotton futures listed after, because of the production factors such as raw materials, correlation will be reflected in cotton and cotton yarn, cotton and cotton yarn price correlation will also further strengthen, and wade yarn on cotton enterprises in the process of production and trade links, according to the position of their industry chain to make the right to participate in hedging strategy and scheme, make better use of financial tools to service the real economy.

Futures, deputy general manager of shenzhen branch huatai Zhou Jianrui said, cotton futures market, hedging for textile enterprises and the futures price of "dot" trade, risk management tools provide locking in a profit, to our country as cotton textile traditional power provides the beneficial help for international pricing power.