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Rubber Futures End Lower On Global Growth Worries

Rubber futures ended the Monday session lower as general negative sentiment continued to hit markets across the board with equities also under pressure.

Anxiety about the pace of global growth sent investors fleeing to safer assets, including the U.S. dollar on Monday, weighing on the likes of Australian shares, which saw their sharpest fall in more than a week. Australia's S&P/ASX 200 fell 2%, while the Hang Seng Index closed down 0.8%.

Chris Pardey, chief executive of physical trading at RCMA, said that the negative sentiment had weighed on the rubber futures market during the session.

Volumes, however, were light with Japan on holiday until Thursday.

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