Markets > Futures

Sugar futures close lower

ZHENGZHOU
2024-08-16 16:29

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ZHENGZHOU, Aug. 16 (Xinhua) -- Sugar futures closed lower Friday in daytime trading on the Zhengzhou Commodity Exchange (ZCE).

The most active sugar contract for January 2025 delivery lost 20 yuan (about 2.79 U.S. dollars) to close at 5,636 yuan per tonne.

On Friday, the total trading volume for six listed sugar futures contracts on the ZCE was 319,494.0 lots with a turnover of 18.33 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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