Rubber futures traded on the Shanghai Futures Exchange (SHFE) moved in choppy trading before diving into the negative territory in the last few minutes of trading on Friday (February 22, 2013) amid weakening market sentiment due to poor economic data fromEurope.
The most actively traded contract for September 2013 delivery ended at 25,035 yuan/metric ton, down 65 yuan or 0.26%.
Participants will keep their eyes onChinademand next week as all factories are expected to resume work after the last day of Lunar New Year Sunday.
(Contributed by Olivia, olivia@tireworld.com.cn)
