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Futures market survey: 60 pct bullish about Shanghai zinc on Wed.
BEIJING, Jan 29, 2013 (Xinhua via COMTEX) --
About 60 percent futures experts
surveyed by the China Finance Corporation, a financial information
provider run by Xinhua News Agency, are bullish about zinc futures
traded on the Shanghai Futures Exchange (SHFE) on Wednesday, while 20
percent are bearish about and the rest 20 percent expect range-bound
trading of the commodity.
Benchmark zinc contract, for April delivery, opened 0.32
percent higher at 15,650 yuan per tonne on Wednesday morning.
Futures experts here include futures brokers, research
institutions and other market observers.
The futures brokers that expect range-bound trading of Shanghai
zinc include Sinosteel Futures.
The futures brokers that are bearish about Shanghai zinc include
New Era Futures.
The futures brokers that are bullish about Shanghai zinc include
Galaxy Futures, HNA Futures and Maike Futures. (Edited by Shi
Chunjiao, shichunjiao@xinhua.org)
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