The sugar number 1 1 belongs to the international sugar futures contract. The price of international sugar futures is the FOB port price of 29 sugar-producing countries in the world, which mainly reflects the judgment of market forces on the formation of global raw sugar supply and demand in the future, and is the "wind vane" of international raw sugar prices, providing settlement prices for international raw sugar trade.

The index of sugar 1 1 was also compiled by Wenhua himself. It was calculated by the weighted average of all contracts of sugar 1 1, which reflected the overall trend of sugar 1 1.

What is the difference? Understand for yourself.