SHFE rubber futures rally on Fri.
2012-11-12 0:00:00Font Size：Big Medium Small
Rubber futures traded on the Shanghai Futures Exchange (SHFE) settled sharply higher on Friday (November 9, 2012), leading gains of the regional commodity market.
The most actively traded contract for May 2013 delivery ended at 23,950 yuan/metric ton, up 445 yuan or 1.89 percent.
But downside pressure remained high as investors’ risk appetite stayed low amid uncertainties about the global economy, said market observers.
(Contributed by Olivia, olivia@tireworld.com.cn)
Tireworld
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