Sugar futures close lower

0 Comment(s)Print E-mail Xinhua, February 7, 2023
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ZHENGZHOU, Feb. 7 (Xinhua) -- Sugar futures closed lower Tuesday in daytime trading on the Zhengzhou Commodity Exchange (ZCE).

The most active sugar contract for May 2023 delivery lost 16 yuan (about 2.35 U.S. dollars) to close at 5,889 yuan per tonne.

On Tuesday, the total trading volume for six listed sugar futures contracts on the ZCE was 296,470 lots with a turnover of 17.45 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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