Sugar futures close lower

0 Comment(s)Print E-mail Xinhua, March 25, 2024
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ZHENGZHOU, March 25 (Xinhua) -- Sugar futures closed lower Monday in daytime trading on the Zhengzhou Commodity Exchange (ZCE).

The most active sugar contract for May 2024 delivery lost 70 yuan (9.86 U.S. dollars) to close at 6,461 yuan per tonne.

On Monday, the total trading volume for six listed sugar futures contracts on the ZCE was 461,946 lots with a turnover of 29.86 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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