Sugar futures close higher

ZHENGZHOU, May 26– Sugar futures closed higher Thursday in daytime trading on the Zhengzhou Commodity Exchange. The most active sugar contract for September 2022 delivery gained 27 yuan to close at 6,030 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, May 26 (Xinhua) — Sugar futures closed higher Thursday in daytime trading on the Zhengzhou Commodity Exchange (ZCE).

The most active sugar contract for September 2022 delivery gained 27 yuan (4.04 U.S. dollars) to close at 6,030 yuan per tonne.

On Thursday, the total trading volume for six listed sugar futures contracts on the ZCE was 320,458 lots with a turnover of 19.27 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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