Sugar futures close lower

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ZHENGZHOU, Sept. 30 (Xinhua) -- Sugar futures closed lower Wednesday in daytime trading on the Zhengzhou Commodity Exchange (ZCE).

The most active sugar contract for January 2021 delivery lost 48 yuan (7.05 U.S. dollars) to close at 5,081 yuan per tonne.

On Wednesday, the total trading volume for six listed sugar futures contracts on the ZCE was 348,561 lots with a turnover of 17.8 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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