ZHENGZHOU, March 11 (Xinhua) -- Sugar futures closed higher Wednesday in daytime trading on the Zhengzhou Commodity Exchange (ZCE).
The most active sugar contract for May 2026 delivery gained 13 yuan (about 1.89 U.S. dollars) to close at 5,423 yuan per tonne.
On Wednesday, the total trading volume for five listed sugar futures contracts on the ZCE was 417,491 lots with a turnover of 22.64 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. ■
