Markets > Futures

Sugar futures close lower

ZHENGZHOU
2024-08-21 16:58

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ZHENGZHOU, Aug. 21 (Xinhua) -- Sugar futures closed lower Wednesday in daytime trading on the Zhengzhou Commodity Exchange (ZCE).

The most active sugar contract for January 2025 delivery lost 61 yuan (about 8.55 U.S. dollars) to close at 5,586 yuan per tonne.

On Wednesday, the total trading volume for six listed sugar futures contracts on the ZCE was 470,096 lots with a turnover of 26.47 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.
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