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TMCNet:  Futures market survey: 80 pct bullish about Shanghai zinc on Fri.

[January 31, 2013]

Futures market survey: 80 pct bullish about Shanghai zinc on Fri.

BEIJING, Jan 31, 2013 (Xinhua via COMTEX) -- About 80 percent futures expe rts surveyed by the China Finance Corporation, a financial information provider run by Xinhua News Agency, are bullish about zinc futures tr aded on the Shanghai Futures Exchange (SHFE) on Friday, while 20 perce nt expect range-bound trading of the commodity.
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Benchmark zinc contract, for May delivery, opened flat at 16,08 0 yuan/t on Friday morning.

Futures experts here include futures brokers, research in stitutions and other market observers.

The futures brokers that are bullish about Shanghai zinc includ e Galaxy Futures, New Era Futures, Huayuan Futures.

The futures brokers that expect range-bound trading of Shanghai zinc include Sinosteel Futures. (Edited by Hu Pingchao, hupingchao@xi nhua.org)

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