Rubber futures traded on the Shanghai Futures Exchange (SHFE) ended slightly higher after moving in and out of positive territory on Wednesday (January 23, 2013).
The most actively traded contract for May 2013 delivery ended at 26,085 yuan/metric ton, up 20 yuan or 0.08%.
Market observers said the market was under additional downside pressure with participants exiting the market ahead of Lunar New Year in February.
(Contributed by Olivia, olivia@tireworld.com.cn)