Sugar futures close higher

0 Comment(s)Print E-mail Xinhua, January 19, 2022
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ZHENGZHOU, Jan. 19 (Xinhua) -- Sugar futures closed higher Wednesday in daytime trading on the Zhengzhou Commodity Exchange (ZCE).

The most active sugar contract for May 2022 delivery gained 21 yuan (3.3 U.S. dollars) to close at 5,828 yuan per tonne.

On Wednesday, the total trading volume for six listed sugar futures contracts on the ZCE was 380,637 lots with a turnover of 22.2 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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