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Shanghai rubber ends lower for a fourth straight session
2013-5-30 0:00:00Font Size：Big Medium Small
Shanghai Futures Exchange
Rubber futures traded on the Shanghai Futures Exchange (SHFE) settled in the negative territory for the fourth consecutive session on Tuesday (May 28, 2013).
The most actively traded contract for September delivery ended at 19,155 yuan/metric ton, down 65 yuan or 0.34%.
On the prospect of slowing Chinese demand and falling Brent crude prices, the Shanghai rubber is expected to take a bearish run for at least the short term.
(Edited by Olivia, olivia@tireworld.com.cn)
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