Commodities Update 07 Dec 2024

BDI slumped again, from 1,354 (29 Nov) to 1,167 (06 Dec)

Harpex closed higher from 2,037 (29 Nov) to 2,043 (06 Dec)

CDFI closed lower from 1,018.10 (29 Nov) to 934.39 (06 Dec)

CCFI reversed to close lower from 1,474.00 (29 Nov) to 1,465.16 (06 Dec)

COT     

Download Commodities COT

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

• Rough Rice
• Wheat
• Soybeans
• Soybean Meal
• Cotton
• Crude

Neutral

• None

Up Trend

• Heating Oil

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

• Feeder Cattle

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