Futures market survey: 60 pct bullish about Shanghai zinc on Mon.
BEIJING, Apr 08, 2012 (Xinhua via COMTEX) --
60 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 Monday, while 20 percent
expect range-bound trading and the rest 20 percent are negative about
The SHFE benchmark zinc contract, for July delivery, opened
210 yuan higher at 15,750 yuan/t on Monday morning.
Futures experts here include futures brokers, research
institutions and other market observers.
The futures brokers that are bullish about Shanghai zinc
include Galaxy Futures, Donghua Futures and Jintai Futures.
The futures brokers that expect range-bound trading of
Shanghai zinc include Shanli Futures.
The futures brokers that are bearish about Shanghai zinc
include New Era Futures.
(Edited by Wang Li, firstname.lastname@example.org)
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