Commodities Update 13 Jan 2024

BDI slumped from 2,110 (05 Jan) to 1,460 (12 Jan)

Harpex closed higher, from 853 (05 Jan) to 910 (12 Jan)

CDFI closed lower, from 1,219.15 (05 Jan) to 1,054.01 (12 Jan)

CCFI closed higher, from 936.83 (05 Jan) to 1,140.31 (12 Jan)

COT     

Download Commodities COT

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

• Corn (1)
• Soybean Oil
• Soybean Meal
• Soybeans (1)
• Sugar (1)
• Orange Juice (1)
• Palladium
• Crude
• Cotton
• Feeder Cattle (1)

Neutral

• None

Up Trend

• Wheat
• Copper

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

• None

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 Averages.