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Shanghai rubber ends down in Wed.
2013-12-12 0:00:00Font Size：Big Medium Small
Shanghai rubber
Rubber futures traded on the Shanghai Futures Exchange (SHFE) widened loss in the last half hour trading on Wednesday (December 11, 2013).
The most actively traded contract for May 2014 delivery ended at 19,635 yuan/metric ton, down 155 yuan or 0.78% from the previous settlement.
Analysts with Shanghai CIFCO Futures held that the Shanghai rubber would see stronger support in the future on stockpiling programs and supply shortage after major mills in China halt tapping.
(Edited by Olivia, olivia@tireworld.com.cn)
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