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SHFE rubber retreats in choppy trading on Tue.

Rubber futures traded on the Shanghai Futures Exchange (SHFE) settled lower on Tuesday (November 13, 2012) in choppy trading after moving in and out of the positive territory throughout the day.

The most actively traded contract for May 2013 delivery ended at 23,700 yuan/metric ton, down 95 yuan or 0.40 percent.

Downside pressure remained high amid weak market sentiment and liquidity concerns, said futures analysts.

 
(Contributed by Olivia, olivia@tireworld.com.cn)
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