Rubber futures traded on the Shanghai Futures Exchange (SHFE) fell and ended more than 1% lower on Tuesday (July 23, 2013) chiefly on profit taking.
The most actively traded contract for January 2014 delivery ended at 18,380 yuan/metric ton, down 200 yuan or 1.08% from the previous settlement.
Analysts said theShanghairubber had seen signs of recovery recently but mild corrections were expected in coming sessions.
(Edited by Olivia, olivia@tireworld.com.cn)
