Current Location: Home > NEWS > FinancialMarket > Page
SHFE rubber edges down on Tue.
2013-3-27 0:00:00Font Size：Big Medium Small
Shanghai Futures Exchange
Rubber futures traded on the Shanghai Futures Exchange (SHFE) settled lower on Tuesday (March 26, 2013) as worries overCyprus’s bailout plan and the slump of the stock market dampened market sentiment.
The most actively traded contract for September 2013 delivery ended at 22,760 yuan/metric ton, down 215 yuan or 0.94%.
Moreover, the slowdown in the global economy continues to adversely affect the demand for natural rubber," says an executive at a Tokyo-based commodities brokerage.
(Contributed 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
