SHFE rubber edges up on Thu.
Rubber futures traded on the Shanghai Futures Exchange (SHFE) ended higher in range trading on Thursday (November 22, 2012), tracking gains on the Tokyo Commodity Exchange (TOCOM).
The most actively traded contract for May 2013 delivery ended at 24,445 yuan/metric ton, up 155 yuan or 0.64 percent.
The upside comes from HSBC's preliminary Chinese PMI data, which showed that manufacturing activity expanded for the first time in 13 months, a Beijing-based analyst said.
(Contributed by Olivia, olivia@tireworld.com.cn)
