About 60 percent of futures experts surveyed by the China Finance Corporation, a financial informa tion provider run by Xinhua News Agency, are bullish about the aluminu m futures traded on the Shanghai Futures Exchange (SHFE) on Monday, wh ile 40 percent expect range-bound trading of the commodity.
Benchmark aluminum contract, for August delivery, opened 5 lowe r at 17,025 yuan/t on Monday morning.
Futures experts here include futures brokers, research in stitutions and other market observers.
The futures brokers that are bullish about Shanghai alu minum include ITG Futures, Hunan Creator Information Technologies and Futures Video Network.
The futures brokers that expect range trading of Shanghai alum inum include Dalu Futures and Galaxy Futures.
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