Markets > Futures

Sugar futures close higher

ZHENGZHOU
2024-01-23 16:54

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ZHENGZHOU, Jan. 23 (Xinhua) -- Sugar futures closed higher Tuesday in daytime trading on the Zhengzhou Commodity Exchange (ZCE).

The most active sugar contract for May 2024 delivery gained 26 yuan (3.66 U.S. dollars) to close at 6,443 yuan per tonne.

On Tuesday, the total trading volume for six listed sugar futures contracts on the ZCE was 289,292 lots with a turnover of 18.62 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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