Current Location: Home > NEWS > FinancialMarket > Page
Shanghai rubber settles higher tracking broader market gains
2013-9-6 0:00:00Font Size：Big Medium Small
Shanghai rubber
Rubber futures traded on the Shanghai Futures Exchange (SHFE) settled higher on Friday (September 6, 2013) tracking gains in broader commodity markets.
The most actively traded contract for January 2014 delivery ended at 20,810 yuan/metric ton, up 165 yuan or 0.80% from the previous settlement.
Investors were waiting for theUSnon-farm payrolls data due to be released late Friday which could dead the direction of the red metal in the coming sessions, said analysts. Market watchers were optimistic about theUSjob report, sparking the investor sentiment, said analysts.
(Edited by Olivia,olivia@tireworld.com.cn)
Tireworld
- 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
