Sugar futures closed lower Monday in daytime trading on the Zhengzhou Commodity Exchange (ZCE).
The most active sugar contract for January 2025 delivery lost 22 yuan (3.14 U.S. dollars) to close at 5,915 yuan per tonne.
On Monday, the total trading volume for six listed sugar futures contracts on the ZCE was 370,136 lots with a turnover of 21.93 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.
Source: The Namibia News Agency