Sunday, June 7, 2015

Commodities Update - 06 Jun 15

BDI end the week at 610 (05 Jun) from 589 (29 May)

Summary
This week most soft commodities closed higher while metals and energy closed in the negative territory.

COT
Instruments that show buying interest by Producer/Merchant/Processor/User
Down Trend

  • Coffee Arabica (1)
  • Sugar
  • Oats
  • Corn
  • Soybean
  • Soybean Meal
  • Rough Rice (1)
  • Copper
  • Palladium
  • Platinum
Neutral
  • Orange Juice (1)
Up Trend
  • Cotton
  • Gasoline

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

  • Soybean Oil
  • Feeder Cattle
Neutral
  • Crude
Note
(1) COT Index >= 90, Buying interest at extreme
(2) COT Index <= 10, Selling interest at extreme

(3) No COT data available
Down Trend and Up Trend is based on 50 Simple Moving Average 






No comments:

Post a Comment