Rubber futures traded on the Shanghai Futures Exchange (SHFE) ended slightly lower on Thursday (October 11, 2012) after moving in and out of positive territory throughout the day.
The most actively traded contract for January 2013 delivery ended at 25,590 yuan/metric ton, down 5 yuan or 0.02%.
Investors remained cautious about the macroeconomic headwinds faced by the euro zone, especially after Standard & Poor’s lowered its rating onSpainto triple-B-minus from triple-B-plus on Wednesday, said market observers.
(Contributed by Olivia, olivia@tireworld.com.cn)
