Commodities Update 27 Jan 2024

BDI closed lower from 1,503 (19 Jan) to 1,499 (26 Jan)

Harpex closed higher, from 945 (19 Jan) to 1,004 (26 Jan)

CDFI closed lower, from 1,064.04 (19 Jan) to 1,044.34 (26 Jan)

CCFI closed higher, from 1,287.49 (19 Jan) to 1,403.00(26 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

Neutral

• Feeder Cattle (1)

Up Trend

• Wheat
• Copper (1)

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.