Sugar futures close higher

0 Comment(s)Print E-mail Xinhua, November 17, 2020
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ZHENGZHOU, Nov. 17 (Xinhua) -- Sugar futures closed higher Tuesday in daytime trading on the Zhengzhou Commodity Exchange (ZCE).

The most active sugar contract for January 2021 delivery gained 12 yuan (1.82 U.S. dollars) to close at 5,096 yuan per tonne.

On Tuesday, the total trading volume for six listed sugar futures contracts on the ZCE was 475,360 lots with a turnover of 24.21 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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