Rubber futures traded on the Shanghai Futures Exchange (SHFE) fell for the third consecutive trading day on Friday (January 25, 2013), continuing to take cues from the local equity market.
The most actively traded contract for May 2013 delivery ended at 25,565 yuan/metric ton, down 165 yuan or 0.64%.
Downside pressure partly came from the regional equity market, as well as the growing prudent sentiment ahead of the Chinese Lunar New Year holiday, which officially falls on February 9.
(Contributed by Olivia, olivia@tireworld.com.cn)
