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Shanghai rubber rallies on Wed.
2013-9-18 0:00:00Font Size：Big Medium Small
Shanghai rubber
Rubber futures traded on the Shanghai Futures Exchange (SHFE) rallied on Wednesday (September 18, 2013).
The most actively traded contract for January 2014 delivery ended at 20,795 yuan/metric ton, up 605 yuan or 3.00% from the previous settlement.
Part of the upside momentum was from the equity market which was supported by optimistic sentiment.
But analysts also note the Shanghai rubber might be under pressure in the coming sessions due to holiday factors.
(Edited by Olivia,olivia@tireworld.com.cn)
Tireworld
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