Shanghai rubber futures end tad higher on Wed.
2014-8-28 10:12:16Editor：AmandaFont Size：Big Medium Small
Rubber futures traded on the Shanghai Futures Exchange (SHFE) saw a small rebound on Wednesday (Aug. 27, 2014), settling higher after moving in and out of the negative territory.
The most actively traded contract for January 2015 delivery ended at 14,835 yuan/metric yuan, up 35 yuan or 0.24 percent from the previous settlement.
Analysts noted that the bearish run of Shanghai rubber will continue, as pressure from the Thai government's plan to sell rubber reserves continues to weigh on rubber prices.
(Edited by Olivia, olivia@tireworld.com.cn)
Tireworld
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