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Futures market survey: 60 pct expect range-trading of Dalian soybean on Wed.
BEIJING, Jan 08, 2013 (Xinhua via COMTEX) --
About 60 percent of futures experts
surveyed by the China Finance Corporation, a financial information
provider owned by Xinhua News Agency, expect range-trading of soybean
futures traded on the Dalian Commodity Exchange Wednesday, while 40
percent are bullish about the commodity.
Futures experts here include futures brokers, research
institutions and other market observers.
The futures brokers that expect range-trading of Dalian
soybean include Zhongzhou Futures, Minmetal Futures and Maike
Futures.
The futures brokers that are bullish about Dalian soybean
include Honghai Futures and Nanzheng Futures.
Dalian soybean for delivery in May of 2013 opened 10 yuan
higher at 4,739 yuan/tonne Wednesday.
(Edited by Liu Xiaoyun, liuxy08@xinhua.org)
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