Sugar futures close higher

0 Comment(s)Print E-mail Xinhua, March 27, 2024
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ZHENGZHOU, March 27 (Xinhua) -- Sugar futures closed higher Wednesday in daytime trading on the Zhengzhou Commodity Exchange (ZCE).

The most active sugar contract for May 2024 delivery gained 12 yuan (about 1.69 U.S. dollars) to close at 6,483 yuan per tonne.

On Wednesday, the total trading volume for six listed sugar futures contracts on the ZCE was 468,334 lots with a turnover of 30.26 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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