Sugar futures close higher

ZHENGZHOU, Sept. 8– Sugar futures closed higher Wednesday in daytime trading on the Zhengzhou Commodity Exchange. The most active sugar contract for January 2022 delivery gained 9 yuan to close at 5,953 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, Sept. 8 (Xinhua) — Sugar futures closed higher Wednesday in daytime trading on the Zhengzhou Commodity Exchange (ZCE).

The most active sugar contract for January 2022 delivery gained 9 yuan (about 1.39 U.S. dollars) to close at 5,953 yuan per tonne.

On Wednesday, the total trading volume for six listed sugar futures contracts on the ZCE was 271,768 lots with a turnover of 16.11 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