or

Steel Scrap Nov '19 (C-X19)

261.69s +0.19 (+0.07%) 11/29/19 [LME]
N/A x N/A N/A x N/A
underlying price ()
Quote Overview for Fri, Nov 29th, 2019
Day Low
261.50
Day High
261.69
Open 261.50
Previous Close 261.50 261.50
Volume 6 6
Open Interest 2,187 2,187
Stochastic %K 20.26% 20.26%
Weighted Alpha -11.76 -11.76
5-Day Change +0.69 (+0.26%) +0.69 (+0.26%)
52-Week Range 233.00 - 325.50 233.00 - 325.50
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Contract Specifications

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Contract
Steel Scrap CFR Turkey Platts
Contract Size
10 tonnes
Tick Size
$0.50 ($5.00 per contract)
Trading Hours
1:00a.m. - 7:00p.m. GMT
Exchange
LME
Point Value
$10
Expiration Date
11/29/19 (expired)

Seasonal Chart

Steel Scrap Nov '19
Average Price Chart for 5 Prior Nov Contracts
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Price Performance

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Period Period Low Period High Performance
1-Month
251.50 +4.05%
on 10/30/19
Period Open: 258.00
269.00 -2.72%
on 11/07/19
+3.69 (+1.43%)
since 10/29/19
3-Month
233.00 +12.31%
on 09/25/19
Period Open: 270.00
270.00 -3.08%
on 09/03/19
-8.31 (-3.08%)
since 08/29/19
52-Week
233.00 +12.31%
on 09/25/19
Period Open: 295.50
325.50 -19.60%
on 02/28/19
-33.81 (-11.44%)
since 11/28/18

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Most Recent Stories

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Dollar Slides and Gold Rallies as US-China Trade Tensions Escalate

The dollar index (DXY00 ) Monday fell by -0.58% and posted a 1-1/4 month low. Escalation of US-China trade tensions has led to a selloff of the US dollar after China accused the US of violating their recent...

DXY00 : 98.992 (+0.29%)
GCQ25 : 3,380.3 (-0.50%)
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Dollar Sinks and Gold Jumps on Rising US Trade Tensions

The dollar index (DXY00 ) today is down by -0.67% at a 1-1/4 month low. Escalation of US-China trade tensions has led to a selloff of the US dollar after China accused the US of violating their recent...

DXY00 : 98.992 (+0.29%)
GCQ25 : 3,380.3 (-0.50%)
SIN25 : 34.435 (-0.75%)
^USDJPY : 142.977 (+0.19%)
^EURUSD : 1.14024 (-0.35%)
With Gold Prices Near Record Highs, Silver Futures Are a Value-Buying Opportunity

Silver is likely to continue to benefit from safe-haven demand.

SIU25 : 34.740 (-0.76%)
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Commodity Market Roundup- May’s Top Performers and Underperformers

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Next week's Precious Metals, Energy and Crypto Outlook

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US Economic News and Weak Stocks Support the Dollar

The dollar index (DXY00 ) Friday rose by +0.06%. The dollar on Friday posted modest gains, supported by stronger-than-expected US economic news. Also, Friday's stock weakness boosted some liquidity demand...

DXY00 : 98.992 (+0.29%)
GCQ25 : 3,380.3 (-0.50%)
SIN25 : 34.435 (-0.75%)
^USDJPY : 142.977 (+0.19%)
^EURUSD : 1.14024 (-0.35%)
Dollar Gains on Strength in US Economic News

The dollar index (DXY00 ) today is up by +0.24%. The dollar today is moving higher, supported by today's stronger-than-expected US economic news. Also, today's stock weakness has boosted some liquidity...

DXY00 : 98.992 (+0.29%)
GCQ25 : 3,380.3 (-0.50%)
SIN25 : 34.435 (-0.75%)
^USDJPY : 142.977 (+0.19%)
^EURUSD : 1.14024 (-0.35%)
Dollar Slides with Bond Yields on Weak US Economic News

The dollar index (DXY00 ) on Thursday fell by -0.60%. The dollar on Thursday slid from a 1-week high and retreated on Thursday's Fed-friendly US economic news that showed the Q1 core PCE price index revised...

DXY00 : 99.008 (+0.31%)
GCQ25 : 3,380.1 (-0.50%)
SIN25 : 34.425 (-0.78%)
^USDJPY : 143.001 (+0.20%)
^EURUSD : 1.14000 (-0.37%)
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Will Platinum’s Price Ever Move Higher?

Platinum futures have traded on either side of the $1,000 per ounce level for a decade. Each move above the pivot point attracts selling, and buyers appear when it dips below $1,000. The long-term consolidation...

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GCM25 : 3,354.3 (-0.48%)
PPLT : 97.51 (+0.79%)
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Is Gold Left for Dead? Industrial Metals lead the Charge!

Gold faces pressure as industrial metals gain momentum. Phil Streible breaks down the shift and key levels to watch in today’s Metals Minute.

Dollar Erases Early Gains on Weak US Economic News

The dollar index (DXY00 ) today is down by -0.47%. The dollar today fell from a 1-week high and turned lower on today's US economic news that showed the Q1 core PCE price index revised lower and continuing...

DXY00 : 99.008 (+0.31%)
GCQ25 : 3,380.1 (-0.50%)
SIN25 : 34.425 (-0.78%)
^USDJPY : 143.001 (+0.20%)
^EURUSD : 1.14000 (-0.37%)
Dollar Rises on Higher Bond Yields and Hawkish FOMC Minutes

The dollar index (DXY00 ) Wednesday rose by +0.38%. The dollar on Wednesday added to Tuesday's gains on positive carryover from President Trump's action over the past weekend to extend the deadline for...

DXY00 : 99.008 (+0.31%)
GCQ25 : 3,380.1 (-0.50%)
SIN25 : 34.425 (-0.78%)
^USDJPY : 143.001 (+0.20%)
^EURUSD : 1.14000 (-0.37%)
Dollar Supported by Trade Optimism and Higher Bond Yields

The dollar index (DXY00 ) today is up by +0.18%. The dollar today is adding to Tuesday’s gains on positive carryover from President Trump’s action over the past weekend to extend the deadline for...

DXY00 : 99.008 (+0.31%)
GCQ25 : 3,380.1 (-0.50%)
SIN25 : 34.425 (-0.78%)
^USDJPY : 143.001 (+0.20%)
^EURUSD : 1.14000 (-0.37%)
Gold Completes A Correction Within Bullish Trend

Gold completes a correction within a bullish trend that can send the price higher from a technical point of view and from an Elliott wave perspective.

The Level to Watch for a Gold Breakout! TWO Key Drivers

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Dollar Climbs and Gold Retreats on Trade Optimism

The dollar index (DXY00 ) Tuesday rose by +0.59%. The dollar moved higher Tuesday after President Trump over the weekend extended the deadline for a 50% tariff on US importers of EU goods by about 5 weeks...

DXY00 : 99.008 (+0.31%)
GCQ25 : 3,380.1 (-0.50%)
SIN25 : 34.425 (-0.78%)
^USDJPY : 143.001 (+0.20%)
^EURUSD : 1.14000 (-0.37%)

Key Turning Points

3rd Resistance Point N/A
2nd Resistance Point 261.82
1st Resistance Point 261.75
Last Price 261.69s
1st Support Level 261.56
2nd Support Level 261.44
3rd Support Level N/A

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52-Week High 325.50
Fibonacci 61.8% 290.16
Fibonacci 50% 279.25
Fibonacci 38.2% 268.33
Last Price 261.69s
52-Week Low 233.00

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