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Shanghai rubber expected to pick up in Dec.
2013-11-26 0:00:00Font Size：Big Medium Small
Shanghai rubber
Rubber futures traded on the Shanghai Futures Exchange (SHFE) is expected to see slight recovery in December, said Liu Bo, analyst with Green Futures.
Liu said rubber inventories at Qingdao bonded area almost approached the ceiling level at present and expected the stock to hit about 268,000 metric tons (tonnes) at the end of this month.
The maximum capacity at Qingdao bonded area was estimated at around 290,000 tonnes, said Liu.
(Edited by Olivia, olivia@tireworld.com.cn)
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