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Futures market survey: 50 pct expect range-trading of Dalian soybean on Mon.
BEIJING, Jan 27, 2013 (Xinhua via COMTEX) --
About 50 percent of futures
experts surveyed by the China Finance Corporation, a financial
information provider owned by Xinhua News Agency, expect
range-trading of soybean futures traded on the Dalian Commodity
Exchange Monday, while 33 percent are bearish and the rest 17 percent
are bullish about the commodity.
Futures experts here include futures brokers, research
institutions and other market observers.
The futures brokers that are bearish about Dalian soybean
include Galaxy Futures.
The futures brokers that expect range-trading of Dalian
soybean include Zhongzhou Futures and Hongyuan Futures.
The futures brokers that are bullish about Dalian soybean
include Zhongda Futures, Honghai Futures and Dongyin Futures.
Dalian soybean for delivery in May of 2013 opened 8 yuan
higher at 4,848 yuan/tonne Monday.
(Edited by Liu Xiaoyun, liuxy08@xinhua.org)
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