Rubber futures traded on the Shanghai Futures Exchange (SHFE) ended nearly 2 percent lower on Monday (June 30, 2014).
The most actively traded contract for September 2014 delivery ended at 14,885 yuan/metric ton, down 285 yuan or 1.88% from the previous settlement.
The SHFE rubber shot up last week, reaching the highest level since April 9 on June 26. however, futures prices will face technical pullbacks soon, analysts noted.
(Edited by Olivia, olivia@tireworld.com.cn)
