ZHENGZHOU, March 10– Sugar futures closed higher Friday in daytime trading on the Zhengzhou Commodity Exchange. The most active sugar contract for May 2023 delivery gained 110 yuan to close at 6,315 yuan per tonne. As the world’s important consumer and importer of sugar, China listed sugar futures on ZCE in January 2006, helping sugar-related enterprises hedge…
ZHENGZHOU, March 10 (Xinhua) — Sugar futures closed higher Friday in daytime trading on the Zhengzhou Commodity Exchange (ZCE).
The most active sugar contract for May 2023 delivery gained 110 yuan (15.79 U.S. dollars) to close at 6,315 yuan per tonne.
On Friday, the total trading volume for six listed sugar futures contracts on the ZCE was 1,151,111 lots with a turnover of 72.26 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. Enditem
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