Commodities Update 24 Jun 2023

BDI continues to close higher, from 1,076 (16 Jun) to 1,240 (23 Jun)

Harpex edged lower from 1,238 (16 Jun) to 1,235 (23 Jun)

CDFI closed lower from 981.23 (16 Jun) to 976.24 (21 Jun)

CCFI closed lower from 926.63 (16 Jun) to 919.63 (21 Jun)

COT     

Download Commodities COT

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

• Soybeans 
• Copper
• Gold
• Palladium (1)
• Silver
• Gasoline

Neutral

• Wheat

Up Trend

• Cotton

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

• Rough Rice

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.