SHFE rubber futures see mild rebound on Fri.
2012-12-22 0:00:00Font Size：Big Medium Small
Rubber futures traded on the Shanghai Futures Exchange (SHFE) settled slightly higher in volatile ranges on Friday (December 21, 2012) as investors began to diverge on the market trend and were seemingly more inclined to protect the gains in the past three weeks.
The most actively traded contract for May 2013 delivery ended at 24,960 yuan/metric ton, up 45 yuan or 0.18 percent.
Volumes may be low due to the Christmas holidays, traders say.
Fresh cues are expected, short-term trend will be chiefly dominated by supply/demand fundamentals.
(Contributed by Olivia, olivia@tireworld.com.cn)
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