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Shanghai rubber edges up on Thu.
2013-9-30 0:00:00Font Size：Big Medium Small
shanghai rubber
Shanghai rubber edges up on Thu.
Rubber futures traded on the Shanghai Futures Exchange (SHFE) ended higher on Thursday (September 26, 2013) tracking gains in broader commodity markets.
The most actively traded contract for January 2014 delivery ended at 20,620 yuan/metric ton, up 35 yuan or 0.17% from the previous settlement.
Analysts with China Creator believed that Shanghai rubber is on an upward path in the near term in the light of improving manufacturing data in major economies.
(Edited by Olivia, olivia@tireworld.com.cn)
- Tireworld Insight: Domestic tire makers eye overseas expansion
- Tireworld Insight: Price disparity severe between China's rubber exports and imports
- Tireworld Insight: China tire exports dependent on US market performance
- Tireworld Insight: SHFE rubber expected to move in tight range in short-term
- Tireworld Insight: Rubber futures to test near-term resistance at 15,000 yuan/tonne
- Tireworld Insight: China’s tire industry on track of rapid growth
