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TMCNet:  Futures market survey: 60 pct bullish about Shanghai zinc on Fri.

[January 03, 2013]

Futures market survey: 60 pct bullish about Shanghai zinc on Fri.

BEIJING, Jan 03, 2013 (Xinhua via COMTEX) -- About 60 percent futures expe rts surveyed by the China Finance Corporation, a financial information provider run by Xinhua News Agency, are bullish about zinc futures tr aded on the Shanghai Futures Exchange (SHFE) on Friday, while 40 perce nt expect range-bound trading of the commodity.


Benchmark zinc contract, for March delivery, opened 0.23 percen t higher at 15,545 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 zinc include Jintai Futures, Maike Futures and Huayuan Futures.

The futures brokers that expect range-bound trading of Shanghai zinc include New Era Futures and Guosen Futures. (Edited by Hu Pingcha o, hupingchao@xinhua.org)

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