Sugar futures close lower-Xinhua

Sugar futures close lower

Source: Xinhua

Editor: huaxia

2024-04-02 16:56:16

ZHENGZHOU, April 2 (Xinhua) -- Sugar futures closed lower Tuesday in daytime trading on the Zhengzhou Commodity Exchange (ZCE).

The most active sugar contract for May 2024 delivery lost 6 yuan (84.56 U.S. cents) to close at 6,621 yuan per tonne.

On Tuesday, the total trading volume for six listed sugar futures contracts on the ZCE was 609,633.0 lots with a turnover of 40.17 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.