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Futures market survey: 80 pct bullish about Shanghai copper on Mon.
BEIJING, Jan 27, 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 May delivery, opened down 0.56 p
ercent at 58,500 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 inclu
de Guosen Futures, mfc.com.cn, Western Futures and Galaxy Futures.
The futures brokers that expect range-bound trading of Shanghai
copper include Hoohy Futures. (Edited by Hu Pingchao, hupingchao@xinhu
a.org)
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