Sunday, February 25, 2024

Commodities Update 24 Feb 2024

BDI closed higher from 1,610 (16 Feb) to 1,866 (23 Feb)

Harpex closed higher from 1,120 (16 Feb) to 1,158 (23 Feb)

CDFI closed higher from 1,081.28 (09 Feb) to 1,211.97 (23 Feb)

CCFI closed lower from 1,455.19 (09 Feb) to 1,402.22 (23 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)
  • Wheat
  • Sugar
  • Orange Juice
  • Platinum
  • Palladium (1)
Neutral
  • Copper
Up Trend
  • Heating Oil

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

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