The nearest expiration date for Bitumen Futures (Mar 2025) is Mar 17, 2025.
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 Bitumen Futures (Mar 2025) before Mar 17, 2025.
Open interest is the number of contracts held by traders in active positions — they're not closed or expired. For Bitumen Futures (Mar 2025) this number is 55.28 K. You can use it to track a prevailing market trend and adjust your own strategy: declining open interest for Bitumen Futures (Mar 2025) 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 Bitumen Futures (Mar 2025). Today its technical rating is buy, but remember that market conditions change all the time, so it's always crucial to do your own research. See more of Bitumen Futures (Mar 2025) technicals for a more comprehensive analysis.