Sugar futures opened higher Monday in daytime trading on the Zhengzhou Commodity Exchange (ZCE).

The most active sugar contract for January 2021 delivery gained 2 yuan (30.4 U.S. cents) to open at 5,123 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 the price risk.

Source:
courtesy of XINHUA NEWS AGENCY

by XINHUA NEWS AGENCY

If you have any stories or news that you would like to share with the global online community, please feel free to share it with us by contacting us directly at [email protected]