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SHFE rubber ends lower on demand concern
2013-4-12 0:00:00Font Size：Big Medium Small
Shanghai Futures Exchange
Rubber futures traded on the Shanghai Futures Exchange (SHFE) settled lower on Friday (April 12, 2013) amid a lack of strong cues.
The most actively traded contract for September 2013 delivery ended at 21,350 yuan/metric ton, down 405 yuan or 1.86%.
Although the low production season is supportive, high inventories inChinaweigh on the market and slower-than-expected auto sales inChinaalso added to the downside pressure.
(Contributed by Olivia, olivia@tireworld.com.cn)
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