About 80 percent of futures experts surveyed by the China Finance Corporation expect range-trading about Aluminum futures traded on the Shanghai Futures Exchange, while the rest 20 percent are bearish about the commodity Wednesday.
Futures experts here include futures brokers, research institutions and other market observers.
The futures brokers and research institutions that are bearish about Shanghai Aluminum include Shmet.com.
The futures brokers that expect range-trading of Shanghai ALuminum
include Creator Futures, Dalu Futures, Citics Futures and Futures Video
Net.
Shanghai aluminum for 1106 opened 20 yuan higher at 16,700 yuan/tonne Wesdesday.