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Futures market survey: 60 pct expects range trading of Dalian soybean on Fri.
BEIJING, Jan 03, 2013 (Xinhua via COMTEX) --
About 60 percent of futures
experts surveyed by the China Finance Corporation expects that
soybean futures traded on the Dalian Commodity Exchange will be
range-bound Friday, while 20 percent expects are bearish and the rest
20 percent are bullish about the commodity.
Futures experts here include futures brokers, research
institutions and other market observers.
The futures brokers that expect range trading of Dalian
soybean include Zhongzhou Futures Co., Kemai Futures Co., and New Era
Futures Co.
The futures brokers that are bearish about Dalian soybean
include Jintai Futures Co.
The futures brokers that are bullish about Dalian soybean
include Hongyuan Futures Co.
Dalian soybean for May 2013 delivery opened 22 yuan lower at
4,720 yuan/tonne Friday.
(Edited by Shi Chunjiao, shichunjiao@xinhua.org)
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