Zhengzhou: Sugar futures closed lower Monday in daytime trading on the Zhengzhou Commodity Exchange (ZCE). The most active sugar contract for May 2025 delivery lost 47 yuan (6.54 U.S. dollars) to close at 5,946 yuan per tonne.
According to Namibia Press Agency, on Monday, the total trading volume for six listed sugar futures contracts on the ZCE was 434,229 lots with a turnover of 26 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.
