Commodities Update 06 Apr 2024

BDI closed lower from 1,821 (28 Mar) to 1,628 (05 Apr)

Harpex closed higher from 1,220 (29 Mar) to 1,229 (05 Apr)

CDFI closed lower from 1,252.27 (29 Mar) to 1,206.7 (03 Apr)

CCFI closed lower from 1,208.42 (29 Mar) to 1,191.37 (03 Apr)

COT     

Download Commodities COT

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

• Corn
• Soybean Meal
• Soybeans 
• Wheat

Neutral

• Sugar

Up Trend

• Orange Juice
• Palladium

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

• Gasoline

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