Commodities Update 12 Oct 2024

BDI continued to close lower from 1,928 (04 Oct) to 1,809 (11 Oct)

Harpex closed lower from 1,943 (04 Oct) to 1,936 (11 Oct)

CDFI reversed to close lower from 1,261.59 (30 Sep) to 1,178.48 (11 Oct)

CCFI slumped after the long holiday from 1,638.42 (27 Sep) to 1,476.98 (11 Oct)

COT     

Download Commodities COT

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

• Soybeans
• Crude (1)

Neutral

• None

Up Trend

• Cotton

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