Sugar futures close lower

0 Comment(s)Print E-mail Xinhua, May 14, 2024
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ZHENGZHOU, May 14 (Xinhua) -- Sugar futures closed lower Tuesday in daytime trading on the Zhengzhou Commodity Exchange (ZCE).

The most active sugar contract for September 2024 delivery lost 134 yuan (18.86 U.S. dollars) to close at 6,181 yuan per tonne.

On Tuesday, the total trading volume for six listed sugar futures contracts on the ZCE was 644,695 lots with a turnover of 40.17 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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