China's rubber price hit two-year high amid tight supply, growing demand

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China's rubber futures have climbed for ten consecutive trading sessions to hit the highest in more than two years driven by tight supplies and a pick-up in demand from downstream industries.

Before the Golden Week holiday, the most actively-traded rubber futures contract on the Shanghai Futures Exchange had been trading within a range between 10,660 yuan and 12,800 yuan per tonne.

After the holiday, however, rubber futures hit 14,810 yuan per tonne on October 22, bringing its rises in the past ten trading sessions as much as that in . . .

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