Commodities Update 05 Dec 2020

BDI closed lower from 1,219 (27 Nov) to 1,197 (04 Dec)

Harpex broke 1,000 mark barrier, rise from 978.68 (20 Nov) to 1009.39 (27 Nov)

CDFI (China Import Dry Bulk Freight Index) closed at 812.2 (04 Dec)

CCFI (China Containerized Freight Index) closed higher from 1,198.72 (27 Nov) to  1,323.83 (04 Dec)

COT 

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

• None

Neutral

• None

Up Trend

• Gasoline
• Natural Gas (1)
• Palladium

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

• Corn
• Soybean
• Sugar
• Copper
• Crude

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