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

November 13, 2013

Beijing-China  (Nov 13)   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 Wednesday, while 40 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 Donghua Futures and Triumph Futures.

The futures brokers that are bearish about Shanghai silver include ITG Futures, AhCof Futures and Yingda Futures.

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