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Futures market survey: 80 pct expect range trading of Shanghai silver on Wed.
BEIJING, Dec 11, 2012 (Xinhua via COMTEX) --
About 80 percent futures exp
erts surveyed by the China Finance Corporation, a financial informatio
n provider run by Xinhua News Agency, expect range-bound trading of si
lver futures traded on the Shanghai Futures Exchange (SHFE) on Wednesd
ay, while 20 percent are bearish about the commodity.
The benchmark silver contract, for January delivery, opened 0.1
2 percent lower at 6,684 yuan/kg on Wednesday.
Futures experts here include futures brokers, research in
stitutions and other market observers.
The futures brokers that expect range-bound trading of Shanghai
silver include Jintai Futures, HNA Futures, Zhaojin Futures and Hongyu
an Futures.
The futures brokers that are bearish about Shanghai silver inclu
de Donghua Futures. (Edited by Hu Pingchao, hupingchao@xinhua.org)
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