Futures market survey: 80 pct expect range trading of Shanghai silver on Mon.
BEIJING, Mar 10, 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, expect range-bound trading of si
lver futures traded on the Shanghai Futures Exchange (SHFE) on Monday,
while 20 percent are bearish about the commodity.
The benchmark silver contract, for June delivery, opened up 0.4
5 percent at 6,070 yuan/kg on Monday.
Futures experts here include futures brokers, research in
stitutions and other market observers.
The futures brokers that are bearish about Shanghai silver inclu
de HNA Futures.
The futures brokers that expect range-bound trading of Shanghai
silver include Dahua Futures, Jintai Futures, Founder Futures and Jinz
heng Investment Co. (Edited by Hu Pingchao, firstname.lastname@example.org)
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