Commodities Update 05 Feb 2022

BDI rebounded higher from 1,302 (27 Jan) to 1,423 (04 Feb)

Harpex closed higher, from 4,109 (28 Jan) to 4,258 (04 Feb)

CDFI last closed on 28 Jan at 1,067.97, followed by China long holiday

CCFI last closed on 28 Jan at 3,565.33, followed by China long holiday

COT     

Download Commodities COT

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

• Sugar

Neutral

• Gold

Up Trend

• Palladium
• Feeder Cattle

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

• Soybean Meal
• Orange Juice

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