Rubber futures traded on the Shanghai Futures Exchange (SHFE) posted a rebound on Tuesday (Aug. 5, 2014).
The most actively traded contract for January 2015 delivery ended at 15,480 yuan/metric yuan, down 85 yuan from the previous settlement.
Shanghai rubber is expected to stay relatively stable in the near term, as seasonal factors including typhoon have sparked supply fears, said Wang Ning, an analyst with China Creator.
(Edited by Olivia, olivia@tireworld.com.cn)