Commodities Update 30 May 2020

BDI increased to 504 (29 May) from 498 (22 May)

Harpex slided further, from 491.43 (15 May) to 479.20 (22 May)

COT 

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

• Corn (1)
• Soybean Meal
• Cotton

Neutral

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

Up Trend

• Oats (1)
• Palladium (1)

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