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Shanghai rubber gains steam on Mon. tracking equities
2013-9-23 0:00:00Font Size：Big Medium Small
Shanghai rubber
Rubber futures traded on the Shanghai Futures Exchange (SHFE) saw strong rises on Monday (September 23, 2013) after a four-day holiday break.
The most actively traded contract for January 2014 delivery ended at 20,900 yuan/metric ton, up 455 yuan or 2.23% from the previous settlement.
A preliminary survey from HSBC showed on Monday that China’s manufacturing activities rose to a six-month high in September. The HSBC Flash Manufacturing Purchasing Managers’ Index (PMI) for September rose to 51.2, the highest since April.
(Edited by Olivia, olivia@tireworld.com.cn)
Tireworld
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