Sugar futures close lower

0 Comment(s)Print E-mail Xinhua, August 14, 2024
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ZHENGZHOU, Aug. 14 (Xinhua) -- Sugar futures closed lower Wednesday in daytime trading on the Zhengzhou Commodity Exchange (ZCE).

The most active sugar contract for September 2024 delivery lost 27 yuan (3.78 U.S. dollars) to close at 5,987 yuan per tonne.

On Wednesday, the total trading volume for six listed sugar futures contracts on the ZCE was 334,234 lots with a turnover of 19.53 billion yuan.

As the world's important consumer and importer of sugar, China listed sugar futures on ZCE in January 2006, helping sugar-related enterprises hedge the price risk. Enditem

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