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Futures market survey: 80 pct bullish about Shanghai zinc on Tue.
BEIJING, Dec 03, 2012 (Xinhua via COMTEX) --
About 80 percent futures expe
rts surveyed by the China Finance Corporation, a financial information
provider run by Xinhua News Agency, are bullish about zinc futures tr
aded on the Shanghai Futures Exchange (SHFE) on Tuesday, while 20 perc
ent expect range-bound trading of the commodity.
Benchmark zinc contract, for February delivery, opened 0.36 per
cent lower at 15,410 yuan/t on Tuesday morning.
Futures experts here include futures brokers, research in
stitutions and other market observers.
The futures brokers that are bullish about Shanghai zinc includ
e New Era Futures, HNA Futures, China Futures and Huayuan Futures.
The futures brokers that expect range-bound trading of Shanghai
zinc include Hunan Creator Information Technologies. (Edited by Hu Pi
ngchao, hupingchao@xinhua.org)
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