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Shanghai rubber sinks again on profit taking after short rally
2013-10-31 0:00:00Font Size：Big Medium Small
Shanghai rubber
Rubber futures traded on the Shanghai Futures Exchange (SHFE) fell again on profit taking on Thursday (October 31, 2013).
The most actively traded contract for January 2014 delivery ended at 19,335 yuan/metric ton, down 240 yuan or 1.23% from the previous settlement.
Falls in crude oil prices were weighing on prices, adding pressure on the commodity which has already started a bear run, analysts say.
(Edited by Olivia, olivia@tireworld.com.cn)
Tireworld
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