Rubber futures traded on the Shanghai Futures Exchange (SHFE) tumbled and extended losses in the last few minutes of trading on Monday (November 25, 2013).
The most actively traded contract for May 2014 delivery ended at 18,850 yuan/metric ton, down 415 yuan or 2.15% from the previous settlement.
Analysts said Shanghai rubber would still see fragile externalities in the near term with few supporting factors.
(Edited by Olivia, olivia@tireworld.com.cn)