Rubber futures traded on the Shanghai Futures Exchange (SHFE) inched up to end in the positive territory after moving in range trading on Tuesday (December 4, 2012).
The most actively traded contract for May 2013 delivery ended at 24,325 yuan/metric ton, up 75 yuan or 0.31 percent.
The technical correction is largely within expectations and the upside potential remains intact on overall firm car sales data, said market observers.
(Contributed by Olivia, olivia@tireworld.com.cn)