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Futures market survey: 80 pct bullish about Shanghai copper on Mon.
BEIJING, Jan 20, 2013 (Xinhua via COMTEX) --
About 80 percent futures exp
erts surveyed by the China Finance Corporation, a financial informatio
n provider run by Xinhua News Agency, are bullish about copper futures
traded on the Shanghai Futures Exchange (SHFE) on Monday, while 20 pe
rcent expect range-bound trading of the commodity.
Benchmark copper contract, for April delivery, opened up 0.19 p
ercent at 58,380 yuan/t on Monday 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 Shanli Futures, Galaxy Futures, New era Futures and Guosen Futures
.
The futures brokers that expect range-bound trading of Shanghai
copper include Founder Futures. (Edited by Hu Pingchao, hupingchao@xi
nhua.org)
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