Rubber futures traded on the Shanghai Futures Exchange (SHFE) widened losses in the last 15 minutes of trading on Tuesday (December 11, 2012) as investors took profits after the surge in the previous session.
The most actively traded contract for May 2013 delivery ended at 24,610 yuan/metric ton, down 280 yuan or 1.12 percent.
Market focus would be on the U.S. Fed's policy meeting ending Wednesday, said market observers.
(Contributed by Olivia, olivia@tireworld.com.cn)
