Sugar futures close higher

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ZHENGZHOU, June 3 (Xinhua) -- Sugar futures closed higher Monday in daytime trading on the Zhengzhou Commodity Exchange (ZCE).

The most active sugar contract for September 2024 delivery gained 21 yuan (about 2.95 U.S. dollars) to close at 6,186 yuan per tonne.

On Monday, the total trading volume for six listed sugar futures contracts on the ZCE was 594,312 lots with a turnover of 36.6 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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