Commodities Update 29 Jul 2023

BDI rebounded from 978 (21 Jul) to 1,110 (28 Jul)

Harpex closed lower from 1,121 (21 Jul) to 1,112 (28 Jul)

CDFI rebounded from 921.94 (21 Jul) to 923.57 (28 Jul)

CCFI closed lower from 866.08 (21 Jul) to 863.37 (28 Jul)

COT     

Download Commodities COT

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

• Corn
• Coffee 
• Palladium (1)

Neutral

• None

Up Trend

• None

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

• US Cocoa
• Natural Gas

Neutral

• None

Down Trend

• Rough Rice

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 Averages.