LME Steel HRC FOB China Futures (Sep 2024)LME Steel HRC FOB China Futures (Sep 2024)LME Steel HRC FOB China Futures (Sep 2024)

LME Steel HRC FOB China Futures (Sep 2024)

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Contract highlights

Volume
Open interest
446.00
Contract size
10TNE
Month
Sep 2024
Settlement day
Sep 30, 2024
Summarizing what the indicators are suggesting.
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
A representation of what an asset is worth today and what the market thinks it will be worth in the future.
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Frequently Asked Questions

The current price of LME Steel HRC FOB China Futures (Sep 2024) is 530.50 USD / TNE — it has fallen 0.28% in the past 24 hours. Watch LME Steel HRC FOB China Futures (Sep 2024) price in more detail on the chart.
Track more important stats on the LME Steel HRC FOB China Futures (Sep 2024) chart.
The nearest expiration date for LME Steel HRC FOB China Futures (Sep 2024) is Sep 30, 2024.
Traders prefer to sell futures contracts when they've already made money on the investment, but still have plenty of time left before the expiration date. Thus, many consider it a good option to sell LME Steel HRC FOB China Futures (Sep 2024) before Sep 30, 2024.
Open interest is the number of contracts held by traders in active positions — they're not closed or expired. For LME Steel HRC FOB China Futures (Sep 2024) this number is 446.00. You can use it to track a prevailing market trend and adjust your own strategy: declining open interest for LME Steel HRC FOB China Futures (Sep 2024) shows that traders are closing their positions, which means a weakening trend.
Buying or selling futures contracts depends on many factors: season, underlying commodity, your own trading strategy. So mostly it's up to you, but if you look for some certain calculations to take into account, you can study technical analysis for LME Steel HRC FOB China Futures (Sep 2024). Today its technical rating is sell, but remember that market conditions change all the time, so it's always crucial to do your own research. See more of LME Steel HRC FOB China Futures (Sep 2024) technicals for a more comprehensive analysis.