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SHFE rubber edges up in choppy trading

Shanghai Futures Exchange

Rubber futures traded on the Shanghai Futures Exchange (SHFE) saw a day of volatile trading on Wednesday (February 27, 2013) after moving in and out of negative territory throughout the day.

The most actively traded contract for September 2013 delivery ended at 24,515 yuan/metric ton, up 80 yuan or 0.33%.

Investors were expecting fresh capital inflow and taking cues from rebounds on US markets overnight.

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

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