Sugar futures close higher

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ZHENGZHOU, Nov. 7 (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 27 yuan (3.77 U.S. dollars) to close at 5,845 yuan per tonne.

On Thursday, the total trading volume for six listed sugar futures contracts on the ZCE was 248,055.0 lots with a turnover of 14.43 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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