SHFE rubber rebounds, leading commodity market gains
2012-10-26 0:00:00Font Size：Big Medium Small
Rubber futures traded on the Shanghai Futures Exchange (SHFE) rebounded on Thursday (October 25, 2012), ending as much as 2.6 percent higher to lead the regional commodity market gains.
The most actively traded contract for January 2013 delivery ended at 24,880 yuan/metric ton, up 625 yuan or 2.58%.
Spot sales went strong after HSBC's October PMI estimate forChinaindicated that manufacturing activity rose on-month.
Profit-taking is expected next session.
(Contributed by Olivia, olivia@tireworld.com.cn)
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