2. The main international sugar futures trading places are: American Coffee, Sugar and Cocoa Exchange (GSEC), British London Commodity Exchange and Japanese Tokyo Sugar Exchange. At present, the forward contract trading in Guangxi sugar market is popular in China, but it is not a standard futures trading. Before 1995, China once opened the sugar futures market, and later the State Council closed it. With the approach of China's entry into WTO, the price of white sugar will be more and more influenced by the international market. At this time, the sugar futures opened by Zhengshang will provide a real hedging place for sugar production, processing and circulation enterprises.