Futures market survey: 50 pct bearish about Dalian soybean on Wed.
BEIJING, Aug 20, 2013 (Xinhua via COMTEX) --
About 50 percent of the futures
experts surveyed by the China Finance Corporation, a financial
information provider owned by Xinhua News Agency, are bearish about
soybean futures traded on the Dalian Commodity Exchange Wednesday,
while 33 percent expect range-trading of the commodity, and another
17% are bullish.
Futures experts here include futures brokers, research
institutions and other market observers.
The futures brokers that are bearish about Dalian soybean include
ITG Futures, Essence Futures and China Investment Futures.
The futures brokers that expect range-trading of Dalian soybean
include Shanghai CIFCO Futures and Shanli Futures.
The futures brokers that are bullish about Dalian soybean include
Dalian soybean for delivery in January of 2014 opened 0.18 pct
lower at 4,447 yuan/tonne Wednesday.
(Edited by Liu Xiaoyun, firstname.lastname@example.org)
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