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Shanghai rubber posts mild rebound Tue.

Shanghai rubber

Rubber futures traded on the Shanghai Futures Exchange (SHFE) saw a mild rebound on Tuesday (November 19, 2013) tracing gains on the local equity market.

The most actively traded contract for May 2014 delivery ended at 19,230 yuan/metric ton, up 80 yuan or 0.42% from the previous settlement.

Sentiment was slightly recovering with investors cheering the government’s ambitious reform plans, said analysts.

 (Edited by Olivia, olivia@tireworld.com.cn)

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