Rubber futures traded on the Shanghai Futures Exchange (SHFE) ended higher on Thursday (July 25, 2013), extending the rising momentum shown in recent trading sessions.
The most actively traded contract for January 2014 delivery ended at 18,555 yuan/metric ton, up 190 yuan or 1.03% from the previous settlement.
The suspension of production in several major plantations in south China’s Hainan province has triggered concerns over supply shortage.
(Edited by Olivia, olivia@tireworld.com.cn)