SHFE rubber settles higher for 2nd day on Thursday
2012-9-27 0:00:00Font Size：Big Medium Small
Rubber futures traded on the Shanghai Futures Exchange (SHFE) settled higher for the second trading day on Thursday (September 27, 2012), as market sentiment was boosted amid speculations that the Chinese securities regulators are to launch new plans to stabilize the market.
The most actively traded contract for January 2013 delivery ended at 24,080 yuan/metric ton, up 285 yuan or 1.20%.
But thin trading might continue in the following sessions amid risk aversion sentiment ahead of the forthcoming Chinese holidays, said market observers.
(Contributed by Olivia, olivia@tireworld.com.cn)
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