SHFE rubber ends lower on Wed.
2013-1-10 0:00:00Font Size：Big Medium Small
Shanghai Futures Exchange
Rubber futures traded on the Shanghai Futures Exchange (SHFE) continued to consolidate and ended lower for the fourth consecutive session on Wednesday (January 9, 2013).
The most actively traded contract for May 2013 delivery ended at 26,035 yuan/metric ton, down 65 yuan or 0.25 percent.
ButShanghairubber is likely to pick up a little this month as fundamentals turn supportive with Chinese consumers piling up stocks ahead of the Lunar New Year in February
(Contributed by Olivia, olivia@tireworld.com.cn)
Tireworld
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