Current Location: Home > NEWS > Financial Market > Page

Shanghai rubber futures post mild gain on Fri.

Rubber futures traded on the Shanghai Futures Exchange (SHFE) settled slightly higher on Friday (July 25, 2014).

The most actively traded contract for January 2015 delivery ended at 15,715 yuan/metric yuan, up 0.26 percent from the previous settlement.

The January contracts continued to rebound and toughed three-week high on Thursday, gaining 2.91 percent this week.

Declining inventories also underpinned the rubber prices, analysts say.

(Edited by Olivia, olivia@tireworld.com.cn)

Tireworld