Rubber futures traded on the Shanghai Futures Exchange (SHFE) ended higher on Wednesday (December 26, 2012), continuing to take cues from the local equity market.
The most actively traded contract for May 2013 delivery ended at 25,320 yuan/metric ton, up 85 yuan or 0.34 percent.
Range trading is expected given absence of cues from overnight outside markets due to the Christmas holiday, traders noted.
(Contributed by Olivia, olivia@tireworld.com.cn)