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Futures market survey: 60 pct negative about Shanghai aluminum on Fri.

Friday, Apr 15, 2011
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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.

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