Futures market survey: 60 pct expect range trading of Shanghai copper on Thu.
BEIJING, Nov 21, 2012 (Xinhua via COMTEX) --
About 60 percent futures experts
surveyed by the China Finance Corporation, a financial information
provider run by Xinhua News Agency, expect range-bound trading of the
copper futures traded on the Shanghai Futures Exchange (SHFE) on
Thursday, while 20 percent are bullish and the rest 20 percent are
negative about the commodity
The SHFE benchmark copper contract, for February delivery,
opened 30 yuan higher at 56,100 yuan/t on Thursday morning.
Futures experts here include futures brokers, research
institutions and other market observers.
The futures brokers that expect range trading of Shanghai
copper include New Era Futures, Creator Futures and Zhaojin Futures.
The futures brokers that are bullish about Shanghai copper
include Shanli Futures.
The futures brokers that are bearish about Shanghai copper
include Zheshang Futures.
(Edited by Wang Li, firstname.lastname@example.org)
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