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Futures market survey: 40 pct bullish about Shanghai zinc on Wed.
BEIJING, Feb 26, 2013 (Xinhua via COMTEX) --
About 40 percent futures experts
surveyed by the China Finance Corporation, a financial information
provider run by Xinhua News Agency, are bullish about the zinc
futures traded on the Shanghai Futures Exchange (SHFE) on Wednesday,
while 40 percent are negative and the rest 20 percent expect
range-bound trading of the commodity.
The SHFE benchmark zinc contract, for May delivery, opened 115
yuan higher at 15,685 yuan/t on Wednesday morning.
Futures experts here include futures brokers, research
institutions and other market observers.
The futures brokers that are bullish about Shanghai zinc
include Huayuan Futures and Yide Futures.
The futures brokers that expect range trading of Shanghai zinc
include New Era Futures.
The futures brokers that are bearish about Shanghai zinc
include Dayou Futures and Galaxy Futures. (Edited by Wang Li,
wangle1@xinhua.org)
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