Sugar futures close lower

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

The most active sugar contract for January 2025 delivery lost 86 yuan (11.95 U.S. dollars) to close at 5,869 yuan per tonne.

On Thursday, the total trading volume for six listed sugar futures contracts on the ZCE was 374,024 lots with a turnover of 22.07 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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