Rubber futures traded on the Shanghai Futures Exchange (SHFE) settled sharply lower on Monday (November 5, 2012), as investors remained prudent in trading before theUSelection and the Communist Party of China’s 18th national congress.
The most actively traded contract for May 2013 delivery ended at 23,755 yuan/metric ton, down 845 yuan or 3.43 percent.
Volatile trading is expected in the near term.
(Contributed by Olivia, olivia@tireworld.com.cn)