Commodities Update 17 Jun 2023

BDI closed higher after last week's rebound from 1,055 (09 Jun) to 1,076 (16 Jun)

Harpex edged lower from 1,240 (09 Jun) to 1,238 (16 Jun)

CDFI closed higher after last week's rebound from 968.67 (09 Jun) to 981.23 (16 Jun)

CCFI closed higher from 921.48 (09 Jun) to 926.63 (16 Jun)

COT     

Download Commodities COT

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

• Wheat (1)
• Soybeans (1)
• Copper
• Gold
• Palladium (1)
• Gasoline
• Heating Oil

Neutral

• Soybean Oil
• Silver

Up Trend

• Cotton

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.