Sugar futures close higher
ZHENGZHOU, Aug. 11– Sugar futures closed higher Thursday in daytime trading on the Zhengzhou Commodity Exchange. The most active sugar contract for January 2023 delivery gained 18 yuan to close at 5,591 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…
ZHENGZHOU, Aug. 11 (Xinhua) — Sugar futures closed higher Thursday in daytime trading on the Zhengzhou Commodity Exchange (ZCE).
The most active sugar contract for January 2023 delivery gained 18 yuan (about 2.67 U.S. dollars) to close at 5,591 yuan per tonne.
On Thursday, the total trading volume for six listed sugar futures contracts on the ZCE was 406,418 lots with a turnover of 22.75 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