Shanghai rubber ends up on Tue. on improved sentiment

Rubber futures traded on the Shanghai Futures Exchange (SHFE) widened gains on Tuesday (August 6, 2013) as investor sentiment improved on expectation for better economic data scheduled for Friday.

The most actively traded contract for January 2014 delivery ended at 18,400 yuan/metric ton, up 220 yuan or 1.21% from the previous settlement.

But corrections are expected in recent sessions on profit taking, said analysts.

 (Edited by Olivia, olivia@tireworld.com.cn)