Futures market survey: 80 pct bullish about Shanghai zinc on Fri.
BEIJING, Jan 31, 2013 (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 Friday, while 20 perce
nt expect range-bound trading of the commodity.
Benchmark zinc contract, for May delivery, opened flat at 16,08
0 yuan/t on Friday 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 Galaxy Futures, New Era Futures, Huayuan Futures.
The futures brokers that expect range-bound trading of Shanghai
zinc include Sinosteel Futures. (Edited by Hu Pingchao, hupingchao@xi
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