Commodities Update 20 Jan 2024

BDI recovered from 1,460 (12 Jan) to 1,503 (19 Jan)

Harpex closed higher, from 910 (12 Jan) to 945 (19 Jan)

CDFI closed higher, from 1,054.01 (12 Jan) to 1,064.04 (19 Jan)

CCFI closed higher, from 1,140.31 (12 Jan) to 1,287.49 (19 Jan

COT     

Download Commodities COT

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

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

Neutral

• Cotton

Up Trend

• Wheat
• Copper

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 Averages.