Shanghai rubber futures fall tracking broader market loss
2014-7-21 9:14:30Editor：AmandaFont Size：Big Medium Small
Rubber futures traded on the Shanghai Futures Exchange (SHFE) settled lower on Friday (July 18, 2014) tracking the losses in broader commodity market.
The most actively traded contract for September 2014 delivery ended at 14,065 yuan/metric yuan, down 75 or 0.53% from the previous settlement.
Rubber might find support from gains in crude prices as escalating tensions in Ukraine ignited concerns about the global energy supplies.
(Edited by Olivia, olivia@tireworld.com.cn)
Tireworld
Related Article
- New energy vehicles benefit from government decisions, 50000 new energy vehicles expected to be sold this year
- Future of new energy vehicles looks bright as China aims to implement national standards for charging infrastructure
- Tireworld Insight: Shanghai rubber to see short-term “microbalance” fluctuation
- Shanghai rubber futures rebounds 1.53pct on Thu.
- China auto inventory at 995,800 units at end-June, CAAM
- 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
