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Futures market survey: 60 pct bullish about Shanghai zinc on Mon.
BEIJING, Feb 03, 2013 (Xinhua via COMTEX) --
About 60 percent futures experts survey
ed by the China Finance Corporation, a financial information provider
run by Xinhua News Agency, are bullish about zinc futures traded on th
e Shanghai Futures Exchange (SHFE) on Monday, while 40 percent expect
range-bound trading of the commodity.
Benchmark zinc contract, for May delivery, opened 16,160 yuan/tonne
on Monday morning.
Futures experts here include futures brokers, research institutions
and other market observers.
The futures brokers that are bullish about Shanghai zinc include Ne
w Era Futures, Galaxy Futures, and Jintai Futures.
The futures brokers that expect range-bound trading of Shanghai zin
c include Sinosteel Futures and Maike Futures.
(Edited by Huang Xiaolan, huangxiaolan@xinhua.org)
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