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

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 . . .

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