Current Location: Home > NEWS > FinancialMarket > Page
Shanghai rubber rallies, up 1.36pct
2013-11-20 0:00:00Font Size：Big Medium Small
Shanghai rubber
Rubber futures traded on the Shanghai Futures Exchange (SHFE) widened gained on Wednesday (November 20, 2013).
The most actively traded contract for May 2014 delivery ended at 19,365 yuan/metric ton, up 260 yuan or 1.36% from the previous settlement.
The upside momentum was partly from the recovering sentiment with investors cheering the government’s ambitious reform plans, especially the moves to be made in the finance and commerce sectors.
(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
