Commodities Update 01 Apr 2023

BDI closed lower from 1,489 (24 Mar) to 1,389 (31 Mar)

Harpex closed higher from 1,105 (24 Mar) to 1,108 (31 Mar)

CDFI closed lower from 1,087.94 (24 Mar) to 1,058.45 (31 Mar)

CCFI closed lower from 977.12 (24 Mar) to 958.43 (31 Mar)

COT     

Download Commodities COT

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

• Palladium (1)
• Wheat (1)
• Soybean Oil
• Cotton (1)
• Rough Rice (1)
• Silver

Neutral

• None

Up Trend

• Gasoline

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

• Cocoa

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 are based on 50 Simple Moving Average.