Commodities Update - 11 Feb 17

BDI slid from 752 (03 Feb) to 702 (10 Feb)
Harpex continue to move higher from 322.35 (28 Jan) to 323.84 (04 Feb)

Summary
Most commodities closed higher except Coffee, Sugar and Cocoa closed lower.

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

• Cocoa (1)

Neutral

• Rough Rice

Up Trend

• None

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

• Soybean Meal
• Crude
• Cotton
• Silver

Neutral

• Copper

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 trend reversal
Down Trend and Up Trend is based on 50 Simple Moving Average