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

The most active sugar contract for May 2021 delivery lost 7 yuan (1.07 U.S. dollars) to open at 4,997 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

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