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Sugar futures close lower

2022-01-06 17:21

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ZHENGZHOU, Jan. 6 (Xinhua) -- Sugar futures closed lower Thursday in daytime trading on the Zhengzhou Commodity Exchange (ZCE).

The most active sugar contract for May 2022 delivery lost 87 yuan (13.65 U.S. dollars) to close at 5,711 yuan per tonne.

On Thursday, the total trading volume for six listed sugar futures contracts on the ZCE was 553,472.0 lots with a turnover of 31.8 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.
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