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Futures market survey: 60 pct bullish about Shanghai copper on Wed.
BEIJING, Dec 11, 2012 (Xinhua via COMTEX) --
About 60 percent futures exp
erts surveyed by the China Finance Corporation, a financial informatio
n provider run by Xinhua News Agency, are bullish about copper futures
traded on the Shanghai Futures Exchange (SHFE) on Wednesday, while 40
percent expect range-bound trading of the commodity.
Benchmark copper contract, for March delivery, opened 0.09 perc
ent higher at 57,960 yuan/t on Wednesday morning.
Futures experts here include futures brokers, research in
stitutions and other market observers.
The futures brokers that are bullish about Shanghai copper inclu
de New Era Futures, Hongyuan Futures and HNA Futures.
The futures brokers that expect range-bound trading of Shanghai
copper include Anxin Futures and Hunan Creator Information Technologie
s. (Edited by Hu Pingchao, hupingchao@xinhua.org)
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