The contract has lost 7 percent over the past three days. In Shanghai, the most traded rubber futures for September delivery fell more than 6 percent during the session, because Monday’s close down by the daily loss limit left unsatisfied selling interest among investors. The contract ended down 645 yuan at 19,915 yuan ($3,200) per tonne on Tuesday after touching an intraday low of 19,260 yuan. The front-month rubber contract on Singapore’s SICOM exchange for May delivery last traded at 244.10 US cents per kg, up 0.8 cents.
Muhammad Ramzan Rafique
I am from a small town Chichawatni, Sahiwal, Punjab , Pakistan, studied from University of Agriculture Faisalabad, on my mission to explore world I am in Denmark these days..