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SHFE rubber futures retreats on Fri., down 1.05pct

Rubber futures traded on the Shanghai Futures Exchange (SHFE) ended more than 1 percent lower on Friday (June 27, 2014) as investors remain prudent ahead of weekend.

The most actively traded contract for September 2014 delivery ended at 15,140 yuan/metric ton, down 160 yuan or 1.05% from the previous settlement.

The near-term trajectory of Shanghai rubber is still unclear for the lack of clear cues, analysts say.

(Edited by Olivia, olivia@tireworld.com.cn)

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