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Futures market survey: 80 pct expect range trading of Shanghai silver on Wed.
BEIJING, Jun 19, 2012 (Xinhua via COMTEX) --
About 80 percent futures experts
surveyed by the China Finance Corporation, a financial information
provider run by Xinhua News Agency, expect range-bound trading of the
silver futures traded on the Shanghai Futures Exchange (SHFE) on
Wednesday, while 20 percent are bullish about the commodity.
The SHFE benchmark silver contract, for September delivery,
opened 67 yuan lower at 5,996 yuan/kg on Wednesday morning.
Futures experts here include futures brokers, research
institutions and other market observers.
The futures brokers that is bullish about New Era Futures.
The futures brokers that expect range trading of Shanghai
silver include Zhongzhou Futures, Mei'erya Futures, Donghua Futures
and ITG Futures. (Edited by Wang Li, wangle1@xinhua.org)
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