TMCnet News
Futures market survey: 60 pct bullish about Shanghai copper on Wed.BEIJING, May 31, 2011 (Xinhua via COMTEX) -- ?About 60 percent of futures experts surveyed by the China Finance Corporation, a financial information provider run by Xinhua News Agency, are bullish about copper futures traded on the Shanghai Futures Exchange (SHFE) on Wednesday, while 40 percent are negative about the commodity. Benchmark copper contract, for August delivery, opened 280 yuan higher at 68,600 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 copper include West Futures, Galaxy Futures and Shanli Futures. The futures brokers that are bearish about Shanghai copper include Donghua Futures and Jinyuan Futures. (Edited by Wang Li, [email protected]) |