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Futures market survey: 80 pct bullish about Shanghai copper on Fri.
BEIJING, Jan 03, 2013 (Xinhua via COMTEX) --
About 80 percent futures expe
rts surveyed by the China Finance Corporation, a financial information
provider run by Xinhua News Agency, are bullish about copper futures
traded on the Shanghai Futures Exchange (SHFE) on Friday, while 20 per
cent are bearish about the commodity.
Benchmark copper contract, for April delivery, opened 1.38 perc
ent higher at 58,610 yuan/t on Friday morning.
Futures experts here include futures brokers, research in
stitutions and other market observers.
The futures brokers that are bullish about Shanghai copper incl
ude New Era Futures, Western Futures, Zhongda Futures and Jintai Futur
es.
The futures brokers that are bearish about Shanghai copper incl
ude ITG Futures.(Edited by Hu Pingchao, hupingchao@xinhua.org)
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