Shanghai rubber futures see technical rebound on Mon.
2014-7-14 21:01:30Editor：AmandaFont Size：Big Medium Small
Rubber futures traded on the Shanghai Futures Exchange (SHFE) settled slightly higher on Monday (July 14, 2014) on technical rebound after a bearish run.
The most actively traded contract for September 2014 delivery ended at 14,010 yuan/metric yuan, up 65 or 0.47% from the previous settlement.
Part of the upside momentum came from the rises on Tocom, analysts say, adding that fundamentals of the Shanghairubber remain fragile.
(Edited by Olivia, olivia@tireworld.com.cn)
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