Sugar futures close lower

ZHENGZHOU, Sept. 19– Sugar futures closed lower Monday in daytime trading on the Zhengzhou Commodity Exchange. The most active sugar contract for January 2023 delivery lost 36 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 hedge…

ZHENGZHOU, Sept. 19 (Xinhua) — Sugar futures closed lower Monday in daytime trading on the Zhengzhou Commodity Exchange (ZCE).

The most active sugar contract for January 2023 delivery lost 36 yuan (5.19 U.S. dollars) to close at 5,591 yuan per tonne.

On Monday, the total trading volume for six listed sugar futures contracts on the ZCE was 287,070 lots with a turnover of 16.05 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