Sugar futures close higher

0 Comment(s)Print E-mail Xinhua, December 26, 2024
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ZHENGZHOU, Dec. 26 (Xinhua) -- Sugar futures closed higher Thursday in daytime trading on the Zhengzhou Commodity Exchange (ZCE).

The most active sugar contract for May 2025 delivery gained 17 yuan (2.36 U.S. dollars) to close at 5,976 yuan per tonne.

On Thursday, the total trading volume for six listed sugar futures contracts on the ZCE was 254,501 lots with a turnover of 15.22 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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