Current Location: Home > NEWS > Financial Market > Page

Shanghai rubber futures settle down

Rubber futures traded on the Shanghai Futures Exchange (SHFE) settled lower on Friday (July 11, 2014), marking a weekly fall of 5.05 percent.

The most actively traded contract for September 2014 delivery ended at 13,905 yuan/metric ton, down 50 yuan or 0.36% from the previous settlement.

There was no fundamental change in the supply/demand situation, analysts say, adding that consolidation at low levels are expected next week.

(Edited by Olivia, olivia@tireworld.com.cn)

Tireworld