Commodities Update 10 Feb 2024

BDI recovered and closed higher from 1,407 (02 Feb) to 1,545 (09 Feb)

Harpex closed higher from 1,061 (02 Feb) to 1,097 (09 Feb)

CDFI continues to close higher from 1,058.62 (02 Feb) to 1,081.28 (09 Feb)

CCFI closed lower from 1,464.81 (02 Feb) to 1,455.19 (09 Feb)

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 (1)

Neutral

• Copper

Up Trend

• None

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