SHFE rubber ends lower in choppy trading
2012-11-7 0:00:00Font Size：Big Medium Small
Rubber futures traded on the Shanghai Futures Exchange (SHFE) settled lower in choppy trading throughout the day on Tuesday (November 6, 2012), amid prudent sentiment ahead of theUSelection and approval ofGreece’s pending austerity plan.
The most actively traded contract for May 2013 delivery ended at 23,810 yuan/metric ton, down 75 yuan or 0.31 percent.
Trading is expected to remain volatile in the near term with investors cautious about the economic outlook, said market observers.
(Contributed by Olivia, olivia@tireworld.com.cn)
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