SHFE rubber edges down on Fri.
2012-11-16 0:00:00Font Size：Big Medium Small
Shanghai Futures Exchange
Rubber futures traded on the Shanghai Futures Exchange (SHFE) settled higher for the second trading day on Thursday (November 15, 2012) tracking gains in the Tokyo Commodity Exchange (TOCOM).
The most actively traded contract for May 2013 delivery ended at 24,150 yuan/metric ton, down 20 yuan or 0.08 percent.
Rubber futures shrug off the news that the Chinese government plans to stockpile 150,000-200,000 metric tons of natural rubber.
More fresh cues were expected in the near term.
(Contributed by Olivia, olivia@tireworld.com.cn)
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