Commodities Update 03 Jun 2023

BDI slumped again, from 1,172 (26 May) to 979 (02 Jun)

Harpex edged higher from 1,238 (26 May) to 1,240 (02 Jun)

CDFI closed lower from 985.38 (26 May) to 918.56 (02 Jun)

CCFI closed lower from 938.74 (26 May) to 930.97 (02 Jun)

COT     

Download Commodities COT

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

• Copper (1)
• Wheat (1)
• Soybean Oil (1)
• Soybeans (1)
• Corn
• Heating Oil

Neutral

• Gasoline (1)
• Palladium (1)
• Gold

Up Trend

• Cotton
• Silver

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

• Cocoa
• Feeder Cattle

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.