About 60 percent of futures experts surveyed by the China Finance Corporation, a financial information provider run by Xinhua News Agency, are negative about the aluminum futures traded on the Shanghai Futures Exchange (SHFE) on Friday, while 40 percent expect range-bound trading of the commodity.
Benchmark aluminum contract, for June delivery, opened 35 yuan lower at 18,420 yuan/t on Friday morning.
Futures experts here include futures brokers, research institutions and other market observers.