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SHFE rubber retreats amid cautious sentiment

Shanghai Futures Exchange

Rubber futures traded on the Shanghai Futures Exchange (SHFE) dived into the negative territory in the afternoon session on Thursday (April 11, 2013) amid prudent sentiment.


The most actively traded contract for September 2013 delivery ended at 21,460 yuan/metric ton, down 405 yuan or 1.85%.


Traders still await the decision on the extension of a collective export cut byThailand,IndonesiaandMalaysia, which is being discussed at the conference.


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

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