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Shanghai rubber ends higher on Tue.
2013-10-15 0:00:00Font Size：Big Medium Small
Shanghai rubber
Rubber futures traded on the Shanghai Futures Exchange (SHFE) settled higher on Tuesday (October 15, 2013) tracking gains in broader commodity market.
The most actively traded contract for January 2014 delivery ended at 21,175 yuan/metric ton, up 375 yuan or 1.80% from the previous settlement.
Analysts say hopes for a deal inWashingtonto reopen theUSgovernment and avert a possible debt default boosted market sentiment. (Edited by Olivia, olivia@tireworld.com.cn)
Tireworld
- Tireworld Insight: Domestic tire makers eye overseas expansion
- Tireworld Insight: Price disparity severe between China's rubber exports and imports
- Tireworld Insight: China tire exports dependent on US market performance
- Tireworld Insight: SHFE rubber expected to move in tight range in short-term
- Tireworld Insight: Rubber futures to test near-term resistance at 15,000 yuan/tonne
- Tireworld Insight: China’s tire industry on track of rapid growth
