Commodities Update 16 Nov 2024

BDI continued to close higher from 1,495 (08 Nov) to 1,785 (15 Nov)

Harpex closed higher from 1,975 (08 Nov) to 1,978 (15 Nov)

CDFI continued to close higher from 1,079.17 (08 Nov) to 1,169.98 (15 Nov)

CCFI closed higher from 1,388.22 (08 Nov) to 1,438.97 (15 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
• Soybeans
• Heating Oil

Up Trend

• None

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

• 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