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Futures market survey: 60 pct bullish about Dalian soybean on Tue.
BEIJING, Dec 03, 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 bullish about soybean
futures traded on the Dalian Commodity Exchange Tuesday while 20
percent are bearish and the rest 20 percent expect range-trading of
the commodity.
Futures experts here include futures brokers, research
institutions and other market observers.
The futures brokers that are bullish about Dalian soybean
include Minmetals Futures, Jintai Futures and Dongyin Futures.
The futures brokers that are bearish about Dalian soybean
include Zhongzhou Futures.
The futures brokers that expect range-trading of Dalian
soybean include New Era Futures.
Dalian soybean for delivery in May of 2013 opened 22 yuan
lower at 4,762 yuan/tonne Tuesday.
(Edited by Liu Xiaoyun, liuxy08@xinhua.org)
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