BUSINESS Sugar futures close lower

BUSINESS

Sugar futures close lower

Xinhua

17:27, June 18, 2021

ZHENGZHOU, June 18 (Xinhua) -- Sugar futures closed lower Friday in daytime trading on the Zhengzhou Commodity Exchange (ZCE).

The most active sugar contract for September 2021 delivery lost 1 yuan (about 15.54 U.S. cents) to close at 5,406 yuan per tonne.

On Friday, the total trading volume for six listed sugar futures contracts on the ZCE was 520,166 lots with a turnover of 28.06 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.


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