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SHFE rubber ends down, China manufacturing data in focus
2013-6-3 0:00:00Font Size：Big Medium Small
Shanghai Futures Exchange
Rubber futures traded on the Shanghai Futures Exchange (SHFE) settled lower on Friday (May 31, 2013) after making a higher opening.
The most actively traded contract for September delivery ended at 18,740 yuan/metric ton, down 20 yuan or 0.11%.
A Thailand-based trader noted that gains earlier were on short-covering after Thursday's sharp decline, but new short positions made Friday sent prices off intraday highs.
Investors will be watching the release of China's official manufacturing data due over the weekend for further clues.
(Edited by Olivia, olivia@tireworld.com.cn)
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