Zhengzhou: Sugar futures closed lower Monday in daytime trading on the Zhengzhou Commodity Exchange (ZCE). The most active sugar contract for January 2025 delivery lost 51 yuan (7.09 U.S. dollars) to close at 5,833 yuan per tonne.
According to Namibia Press Agency, the total trading volume for six listed sugar futures contracts on the ZCE was 251,022 lots with a turnover of 14.63 billion yuan. China, as a significant consumer and importer of sugar, listed sugar futures on the ZCE in January 2006, which has aided sugar-related enterprises in hedging price risks effectively.