Commodities Update - 09 May 15

BDI declined to 574 (08 May) from 591 (30 Apr)

Summary
Commodities are mixed this week, some winners and some losers.  Coffee and Sugar category seem to be slightly better than the rest.  As BDI did not pick up, I will monitor and trade lesser on commodities

COT
Instruments that show buying interest by Producer/Merchant/Processor/User
Down Trend

• Coffee Arabica (1)
• Oats (1)
• Corn
• Wheat (1)
• Orange Juice (1)
• Rough Rice (1)
• Lumber (1)
• Gold

Neutral

• Silver (From DT to Neutral)

Up Trend

• None

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

• Crude
• Soybean Oil

Note
(1) COT Index >= 90
(2) COT Index <= 10
(3) No COT data available
Down Trend and Up Trend is based on 50 Simple Moving Average