SHFE rubber futures correct in tight range
2012-12-19 0:00:00Font Size：Big Medium Small
Rubber futures traded on the Shanghai Futures Exchange (SHFE) corrected in narrow ranges on Wednesday (December 19, 2012) amid growing wait-and-see sentiment.
The most actively traded contract for May 2013 delivery ended at 25,280 yuan/metric ton, down 80 yuan or 0.32 percent.
Fresh cues are expected to give new direction, analysts say, most tipping the short-term resistance at 25,000 yuan per ton.
(Contributed by Olivia, olivia@tireworld.com.cn)
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