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SHFE rubber down nearly 2% on Wed.
2013-5-30 0:00:00Font Size：Big Medium Small
Shanghai Futures Exchange
Rubber futures traded on the Shanghai Futures Exchange (SHFE) continued a downward session and settled at nearly 2 percent lower on Wednesday (May 29, 2013).
The most actively traded contract for September delivery ended at 18,780 yuan/metric ton, down 370 yuan or 1.93%.
Slowing Chinese demand was weighing on the market and falling crude oil prices remained another bearish factor, noted industry insiders.
(Edited by Olivia, olivia@tireworld.com.cn)
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