Rubber futures traded on the Shanghai Futures Exchange (SHFE) settled lower on Wednesday (July 30, 2014) following the extensive gains on Tue.
The most actively traded contract for January 2015 delivery ended at 15,825 yuan/metric yuan, down 135 yuan or 0.85 percent from the previous settlement.
CITIC Futures expects a potential for the rubber prices to pickup during the remainder of 2014, albeit not excessively high.
(Edited by Olivia, olivia@tireworld.com.cn)
