Sugar futures close lower
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E-mail Xinhua, October 21, 2024
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ZHENGZHOU, Oct. 21 (Xinhua) -- Sugar futures closed lower Monday in daytime trading on the Zhengzhou Commodity Exchange (ZCE).
The most active sugar contract for January 2025 delivery lost 9 yuan (1.27 U.S. dollars) to close at 5,840 yuan per tonne.
On Monday, the total trading volume for six listed sugar futures contracts on the ZCE was 264,981 lots with a turnover of 15.47 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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