Commodities Update - 31 Oct 15

BDI lower again to 721 (30 Oct) from 774 (23 Oct)

Summary
Metals closed lower while energy, coffee and sugar closed higher.  Grains was mixed.

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

• Coffee Arabica
• Natural Gas
• Gasoline

Neutral

• None

Up Trend

• Wheat
• Oats
• Orange Juice
• Palladium

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

• Crude

Neutral

• None

Down Trend

• None

Note
(1) COT Index >= 90
(2) COT Index <= 10
(3) COT Index >= 70, rising COT Index, monitor for trend reversal from DT to UT
Down Trend and Up Trend is based on 50 Simple Moving Average