Commodities Update 01 Jul 2023

BDI reversed to close lower, from 1,240 (23 Jun) to 1,091 (30 Jun)

Harpex closed lower from 1,235 (23 Jun) to 1,227 (30 Jun)

CDFI closed higher from  976.24 (21 Jun) to 980.19 (30 Jun)

CCFI closed lower from 919.63 (21 Jun) to 895.72 (30 Jun)

COT     

Download Commodities COT

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

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

Neutral

• Wheat
• Cotton

Up Trend

• None

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

• Rough Rice
• US Cococa

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.