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Shanghai rubber falls on profit taking
2013-9-4 0:00:00Font Size：Big Medium Small
Shanghai rubber
Rubber futures traded on the Shanghai Futures Exchange (SHFE) settled lower on Wednesday (September 4, 2013) as investors secure profits from previous sessions’ rally.
The most actively traded contract for January 2014 delivery ended at 20,690 yuan/metric ton, down 320 yuan or 1.52% from the previous settlement.
Meanwhile, investor remained cautious about the trading on Syria concerns and strong greenback also weighed on the prices of commodities, said analysts.
(Edited by Olivia,olivia@tireworld.com.cn)
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