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Shanghai rubber rallies, hitting daily limit-up
2013-9-3 0:00:00Font Size：Big Medium Small
rubber shanghai shfe
Shanghai rubber rallies, hitting daily limit-up
Rubber futures traded on the Shanghai Futures Exchange (SHFE) rallied on Monday (September 2, 2013), hitting daily limit-up of 5 percent.
The most actively traded contract for January 2014 delivery ended at 21,055 yuan/metric ton, up 1,000 yuan or 4.99% from the previous settlement.
The purchasing manager index for the manufacturing sector rose to 51.0 percent in August from 50.3 percent in July, marking the second monthly expansion in a row, and the highest reading this year, the China Federation of Logistics and Purchasing (CFLP) said on Sunday.
(Edited by Olivia,olivia@tireworld.com.cn)
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