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Futures market survey: 80pct expect range trading of Dalian soybean on Wed.
BEIJING, Dec 11, 2012 (Xinhua via COMTEX) --
About 80 percent of futures
experts surveyed by the China Finance Corporation expected range
trading of soybean futures traded on the Dalian Commodity Exchange on
Wednesday, while the rest 20 percent are bullish about the commodity.
Futures experts here include futures brokers, research
institutions and other market observers.
The futures brokers that are bullish about Dalian soybean
include Zhongzhou Futures Co.
The futures brokers that expect range trading of Dalian
soybean include Shanghai CIFCO Futures Co., Dongwu Futures, Brilliant
Futures Co, and Tianqi Futures Co.
Dalian soybean for May 2013 delivery opened 20 yuan lower at
4,754 yuan/tonne Wednesday. (Contributed by Zhang Lian, edited by Shi
Chunjiao, shichunjiao@xinhua.org)
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