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Futures market survey: 60 pct bearish about Dalian soybean on Wed.
BEIJING, Nov 27, 2012 (Xinhua via COMTEX) --
About 60 percent of futures
experts surveyed by the China Finance Corporation, a financial
information provider owned by Xinhua News Agency, are bearish about
soybean futures traded on the Dalian Commodity Exchange Wednesday,
while 40 percent expect range-trading of the commodity.
Futures experts here include futures brokers, research
institutions and other market observers.
The futures brokers that are bearish about Dalian soybean
include Jinzheng Futures, Galaxy Futures and Zhaojin Futures.
The futures brokers that expect range-trading of Dalian
soybean include Maike Futures and Hehe Futures.
Dalian soybean for delivery in May of 2013 opened 3 yuan
higher at 4,760 yuan/tonne Wednesday.
(Edited by Liu Xiaoyun, liuxy08@xinhua.org)
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