SHFE rubber futures rally on Mon.
2014-6-24 9:07:32Editor：超级管理员Font Size：Big Medium Small
Rubber futures traded on the Shanghai Futures Exchange (SHFE) settled sharply higher on Monday (June 23, 2014), extending the strong rising momentum last week.
The most actively traded contract for September 2014 delivery ended at 15,305 yuan/metric ton, up 555 yuan or 3.76% from the previous settlement.
The hike in rubber futures prices is expected to continue in the short term, analysts say, as the upbeat China’s PMI for the manufacturing sector spurred investors’ risk appetite.
(Edited by Olivia, olivia@tireworld.com.cn)
Tireworld
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