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Shanghai rubber ends higher amid choppy trading

Shanghai Futures Exchange

Rubber futures traded on the Shanghai Futures Exchange (SHFE) settled higher on Thursday (July 4, 2013) in a choppy session.

The most actively traded contract for September delivery ended at 18,235 yuan/metric ton, up 130 yuan or 0.72% from the previous settlement.

Market players are keeping an eye on the June non-farm payroll report in theUSdue Friday. Federal Reserve’s quantitative easing policy is largely dependent on status in the jobs market. (Edited by Olivia, olivia@tireworld.com.cn)

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