Commodities Update 09 Nov 2024

BDI rebounded to close higher from 1,378 (01 Nov) to 1,495 (08 Nov)

Harpex closed higher from 1,973 (01 Nov) to 1,975 (08 Nov)

CDFI rebounded to close higher from 1,046.37 (01 Nov) to 1,079.17 (08 Nov)

CCFI continued to close higher from 1,367.54 (01 Nov) to 1,388.22 (08 Nov)

COT     

Download Commodities COT

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

• Crude (1)
• Rough Rice (1)

Neutral

• Cotton

Up Trend

• Soybeans

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

• Gold
• Platinum
• Soybean Oil

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