About 60 percent of futures experts surveyed by the China Finance Corporation are bullish about aluminum futures traded on the Shanghai Futures Exchange (SHFE) on Friday, while another 40 percent are bearish about the commodity.
Benchmark July aluminum contract opened 15 yuan higher at 16,720 yuan/t on Friday.
Futures experts here include futures brokers, research institutions and other market observers.
The futures brokers that are bullish about Shanghai aluminum include Futures Video Web, Xianrong Futures, and Donghua Futures.
The futures brokers that are bearish about Shanghai aluminum include Ningbo Shanli Futures, and Dalu Futures.
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