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Related Keywords: China, Commodity Exchange, cotton, exchange, export, future, import, overseas traders, PTA, statistics, Textile, trading

China's Zhengzhou Commodity Exchange said it will promote the introduction of qualified overseas traders in the trading of cotton futures.

The exchange listed the goal in a recently-issued white paper on cotton futures.

As the world's largest producer, consumer and exporter of textile, China listed cotton futures on the exchange in June 2004 to help cotton-related enterprises hedge the price risk. Since 2004, a daily average of 144,000 lots (5 tonnes per lot) have been traded.

Related Keywords: Fashion Brands, female employees, gender pay gap, pay, pay scale, retailers, statistics, systemic change, women, working hours

Data published this week in the UK revealed a stubborn gap between what men and women earn at fashion brands and retailers, with Farfetch, Missguided, Karen Millen and Asos among the companies reporting large disparities favouring male employees.