Rubber futures traded on the Shanghai Futures Exchange (SHFE) settled slightly higher on Monday (July 14, 2014) on technical rebound after a bearish run.
The most actively traded contract for September 2014 delivery ended at 14,010 yuan/metric yuan, up 65 or 0.47% from the previous settlement.
Part of the upside momentum came from the rises on Tocom, analysts say, adding that fundamentals of the Shanghairubber remain fragile.
(Edited by Olivia, olivia@tireworld.com.cn)
