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Shanghai rubber up tad on Tue.
2013-8-27 0:00:00Font Size：Big Medium Small
Shanghai rubber
Rubber futures traded on the Shanghai Futures Exchange (SHFE) settled higher on Monday (August 26, 2013) tracking equity gains on back of better financial results of the listed firms and improved market sentiment.
The most actively traded contract for January 2014 delivery ended at 20,685 yuan/metric ton, up 35 yuan or 0.17% from the previous settlement.
The Chinese economy had demonstrated obvious signs of stabilizing, analysts said, adding that this might underpin a bull run for the Shanghai rubber. (Edited by Olivia,olivia@tireworld.com.cn)
Tireworld
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