ZHENGZHOU, Jan. 19 (Xinhua) -- Sugar futures closed lower Tuesday in daytime trading on the Zhengzhou Commodity Exchange (ZCE).
The most active sugar contract for May 2021 delivery lost 8 yuan (1.23 U.S. dollars) to close at 5,435 yuan per tonne.
On Tuesday, the total trading volume for six listed sugar futures contracts on the ZCE was 514,299.0 lots with a turnover of 27.97 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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