About LME Steel Scrap CFR India (Platts) Futures
Silver Prices have been followed for centuries. Silver is a precious metal used in jewelry, silverware, electronics, and currency. Silver prices are widely followed in financial markets around the world. Silver has been traded for thousands of years and was once used for currency backing. Silver continues to be one of the most commonly traded commodities today. Silver prices are highly volatile due to speculation and supply and demand.
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 Scrap CFR India (Platts) Futures is 415.50 USD / TNE — it has risen 0.12% in the past 24 hours. Watch LME Steel Scrap CFR India (Platts) Futures price in more detail on the chart.
Track more important stats on the LME Steel Scrap CFR India (Platts) Futures chart.
Open interest is the number of contracts held by traders in active positions — they're not closed or expired. For LME Steel Scrap CFR India (Platts) Futures this number is 0. You can use it to track a prevailing market trend and adjust your own strategy: declining open interest for LME Steel Scrap CFR India (Platts) Futures 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 Scrap CFR India (Platts) Futures. 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 Scrap CFR India (Platts) Futures technicals for a more comprehensive analysis.