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Futures market survey: 60 pct expect range trading of Dalian soy meal on Tue.
BEIJING, Jan 14, 2013 (Xinhua via COMTEX) --
About 60 percent of futures
experts surveyed by the China Finance Corporation expect range-bound
trading of soy meal futures traded on the Dalian Commodity Exchange
Tuesday, while 40 percent are bullish about the commodity.
Futures experts here include futures brokers, research
institutions and other market observers.
The futures brokers that are bullish about Shanghai CIFCO Futures Co.
and Tianqi Futures Co.
The futures brokers that expect range trading of Dalian soy
meal include Dongwu Futures Co., Zhongzhou Futures Co. and Dalu
Futures Co.
Dalian soy meal contract for May 2013 delivery opened 48 yuan
higher at 3,386 yuan/tonne Tuesday. (Edited by Shi Chunjiao,
shichunjiao@xinhua.org)
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