Futures market survey: 60 pct bearish about Shanghai silver on Monday

September 23, 2013

BEIJING (Sept 23)   (Xinhua via COMTEX)  About 60 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 Monday, while 20 percent are bullish and the rest 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 are bullish about Shanghai silver include Oriental Huijin Futures.

The futures brokers that expect range-bound trading of Shanghai silver include Zhaojin Futures.

The futures brokers that are bearish about Shanghai silver include Triumph Futures, AhCof Futures and Zheshang Futures.

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