Sugar futures close higher

0 Comment(s)Print E-mail Xinhua, May 20, 2022
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ZHENGZHOU, May 20 (Xinhua) -- Sugar futures closed higher Friday in daytime trading on the Zhengzhou Commodity Exchange (ZCE).

The most active sugar contract for September 2022 delivery gained 39 yuan (5.78 U.S. dollars) to close at 5,977 yuan per tonne.

On Friday, the total trading volume for six listed sugar futures contracts on the ZCE was 337,492 lots with a turnover of 20.09 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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