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SHFE rubber futures ends lower on Fri.

Rubber futures traded on the Shanghai Futures Exchange (SHFE) ended lower on Friday (December 7, 2012) as crude oil prices declined overnight and amid profit-taking ahead of the weekend.

The most actively traded contract for May 2013 delivery ended at 24,405 yuan/metric ton, down 105 yuan or 0.43 percent.

Concerns about theUSfiscal clisff still weighed on the market and fresh cues were expected from theUSnon-farm payrolls due to be released later in the day.

 

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

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