Commodities Update 02 Sep 2023

BDI closed lower from 1,080 (25 Aug) to 1,065 (01 Sep)

Harpex closed lower from 1,072 (25 Aug) to 1,053 (01 Sep)

CDFI closed higher from 955.54 (25 Aug) to 971.18 (01 Sep)

CCFI closed lower from 894.66 (25 Aug) to 892.98 (01 Sep)

COT     

Download Commodities COT

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

• Wheat
• Corn (1)
• Coffee (1)
• Palladium (1)
• Copper

Neutral

• Gold
• Soybeans

Up Trend

• Gasoline

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

• US Cocoa

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.