About 40 percent of futures experts surveyed by the China Finance Corporation are bullish about aluminum futures traded on the Shanghai Futures Exchange (SHFE) on Thursday, while another 40 percent expect range-bound trading and rest 20 percent are bearish about the commodity.
Benchmark July aluminum contract opened 70 yuan higher at 16,730 yuan/t Thursday.
Futures experts here include futures brokers, research institutions and other market observers.
The futures brokers that expect range trading of Shanghai aluminum include Radar Futures and Xianrong Futures.
The futures brokers that are bullish about Shanghai aluminum include Futures Video Web, and Hunan Creator Information Technologies.
The futures brokers that are bearish about Shanghai aluminum include Ningbo Shanli Futures.
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