Futures market survey: 80 pct bearish about Shanghai silver on Wednesday

BEIJING (July 31)   About 80 percent futures experts surveyed by the China Finance Corporation, a financial information provider run by Xinhua News Agency, are bearish about silver futures traded on the Shanghai Futures Exchange (SHFE) on Wednesday, while 20 percent expect range-bound trading of the commodity.  Futures experts here include futures brokers, research institutions and other market observers.

The futures brokers that expect range-bound trading of Shanghai silver include Zhaojin Futures. The futures brokers that are bearish about Shanghai silver include Zheshang Futures, cnfol.com, Hongyuan Futures and AhCof Futures.