SHFE rubber futures continues falling momentum
2014-7-5 21:28:34Editor：AmandaFont Size：Big Medium Small
Rubber futures traded on the Shanghai Futures Exchange (SHFE) ended lower on Friday (July 4, 2014), down for the sixth straight session.
The most actively traded contract for September 2014 delivery ended at 14,645 yuan/metric ton, down 210 yuan or 1.41% from the previous settlement.
The fundamentals of Shanghai rubber remain fragile, but short-term technical rebound is expected next week, analysts noted.
(Edited by Olivia, olivia@tireworld.com.cn)
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