Sugar futures close lower

0 Comment(s)Print E-mail Xinhua, December 18, 2024
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ZHENGZHOU, Dec. 18 (Xinhua) -- Sugar futures closed lower Wednesday in daytime trading on the Zhengzhou Commodity Exchange (ZCE).

The most active sugar contract for May 2025 delivery lost 109 yuan (15.16 U.S. dollars) to close at 5,899 yuan per tonne.

On Wednesday, the total trading volume for six listed sugar futures contracts on the ZCE was 536,652 lots with a turnover of 31.85 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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