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

[December 03, 2012]

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

BEIJING, Dec 03, 2012 (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 Tuesday, while 20 perc ent expect range-bound trading of the commodity.


Benchmark zinc contract, for February delivery, opened 0.36 per cent lower at 15,410 yuan/t on Tuesday 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 New Era Futures, HNA Futures, China Futures and Huayuan Futures.

The futures brokers that expect range-bound trading of Shanghai zinc include Hunan Creator Information Technologies. (Edited by Hu Pi ngchao, hupingchao@xinhua.org)

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