Shanghai rubber futures ends lower in volatile trading on Mon.
2014-8-26 10:21:32Editor：AmandaFont Size：Big Medium Small
Rubber futures traded on the Shanghai Futures Exchange (SHFE) settled lower in a volatile session on Monday (Aug. 25, 2014).
The most actively traded contract for January 2015 delivery ended at 15,015 yuan/metric yuan, down 65 yuan or 0.43 percent from the previous settlement.
Analysts remained a bearish outlook of Shanghai rubber and other chemical products, which tracked retreat in crude prices on discouraging Chinese manufacturing data of August.
(Edited by Olivia, olivia@tireworld.com.cn)
Tireworld
- 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
