Shanghai rubber ends tad higher on Mon.

Rubber futures traded on the Shanghai Futures Exchange (SHFE) ended a tad higher on Monday (August 19, 2013) in a choppy trading session.

The most actively traded contract for January 2014 delivery ended at 19,855 yuan/metric ton, up 50 yuan or 0.25% from the previous settlement.

Part of the upside momentum came from the equity market, as the benchmark Shanghai Composite Index fended off from the lower territory after a lower opening effected by design flaws in a trade unit of China Everbright Securities, analyst said.  (Edited by Olivia, olivia@tireworld.com.cn)