Commodities Update 02 Nov 2024

BDI closed lower from 1,410 (25 Oct) to 1,378 (01 Nov)

Harpex continued to close higher from 1,967 (25 Oct) to 1,973 (01 Nov)

CDFI closed lower from 1,065.3 (25 Oct) to 1,046.37 (01 Nov)

CCFI rebounded to close higher from 1,366.4 (25 Oct) to 1,367.54 (01 Nov)

COT     

Download Commodities COT

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

• Crude (1)
• Heating Oil
• Rough Rice

Neutral

• None

Up Trend

• Soybeans
• Cotton
• Natural Gas

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

• Gold
• Platinum

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