Sugar futures close higher

0 Comment(s)Print E-mail Xinhua, October 31, 2024
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ZHENGZHOU, Oct. 31 (Xinhua) -- Sugar futures closed higher Thursday in daytime trading on the Zhengzhou Commodity Exchange (ZCE).

The most active sugar contract for January 2025 delivery gained 12 yuan (1.68 U.S. dollars) to close at 5,870 yuan per tonne.

On Thursday, the total trading volume for six listed sugar futures contracts on the ZCE was 220,239 lots with a turnover of 12.88 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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