SHFE rubber ends higher for a second day on Thu.
2012-11-16 0:00:00Font Size：Big Medium Small
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 24,195 yuan/metric ton, up 340 yuan or 1.43 percent.
But the upside could be limited as the futures are trading at a premium vs spot rubber, said futures analysts.
(Contributed by Olivia, olivia@tireworld.com.cn)
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