Shanghai rubber futures ends lower for four straight sessions
2014-8-18 16:07:16Editor：AmandaFont Size：Big Medium Small
Rubber futures traded on the Shanghai Futures Exchange (SHFE) continued a downward movement on Wednesday (Aug. 13, 2014), ending lower for the fourth consecutive session.
The most actively traded contract for January 2015 delivery ended at 15,140 yuan/metric yuan, down 115 yuan or 0.75 percent from the previous settlement.
Bearish run for the Shanghai rubber is expected to continue in the near term in the light of tepid demand of downstream tire industry in China, the world’s largest rubber consumer.
(Edited by Olivia, olivia@tireworld.com.cn)
Tireworld
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