Sugar futures close lower

0 Comment(s)Print E-mail Xinhua, April 29, 2024
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ZHENGZHOU, April 29 (Xinhua) -- Sugar futures closed lower Monday in daytime trading on the Zhengzhou Commodity Exchange (ZCE).

The most active sugar contract for September 2024 delivery lost 18 yuan (about 2.53 U.S. dollars) to close at 6,130 yuan per tonne.

On Monday, the total trading volume for six listed sugar futures contracts on the ZCE was 404,358.0 lots with a turnover of 24.9 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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