Commodities Update 13 Jun 2020

BDI rebounded strongly to 923 (12 Jun) from 679 (05 Jun)

Harpex continues to slide, from 452.36 (29 May) to 434.17 (05 Jun)

COT 

Download Commodities COT
Instruments that show buying interest (3) by Producer/Merchant/Processor/User
Down Trend

• Corn (1)
• Soybean Meal

Neutral

• Palladium (1)

Up Trend

• Natural Gas
• Oats (1)
• Soybean Oil
• Feeder Cattle
• Lumber

Instruments that show selling interest at extreme (2) only by Producer/Merchant/Processor/User
Up Trend

• Rough Rice

Neutral

• None

Down Trend

• None

Note
(1) COT Index >= 90, Buying interest at extreme
(2) COT Index <= 10, Selling interest at extreme
(3) COT Index >= 70, rising COT Index, monitor for a trend reversal
Down Trend and Up Trend is based on 50 Simple Moving Average

Rough Rice

I did not manage to short as it was gapping down with circuit break triggered to halt the trading.