Sugar Futures Close Lower

ZHENGZHOU, Dec. 7 (Xinhua) — Sugar futures closed lower Thursday in daytime trading on the Zhengzhou Commodity Exchange (ZCE).   The most active sugar contract for May 2024 delivery lost 67 yuan (9.41 U.S. dollars) to close at 6,282 yuan per tonne.   On Thursday, the total trading volume for six listed sugar futures contracts on the ZCE was 1,179,315 lots with a turnover of 74.18 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.