About The Author

Jack Scoville

Jack Scoville is an often quoted market analyst in the grain and soft commodities sectors. You will find his commentary throughout the Reuters, Wall Street Journal, Dow Jones, Bloomberg, and Barron's publications. Contact Mr. Scoville at (312) 264-4322

DJ CBOT Delivery Intentions: Totals – Sep 6
Source: CME Group
Contract Quantity Next Trade
Commodity Month Delivery Day Assigned Today Date Available
LONG TERM U.S. TREASURY BOND FUTURE September Sep 07, 2022 6 Aug 24, 2022
SOYBEAN MEAL September Sep 07, 2022 50 Aug 29, 2022
ROUGH RICE September Sep 07, 2022 1 Aug 24, 2022
KC HRW WHEAT September Sep 07, 2022 3 Aug 31, 2022
WHEAT September Sep 07, 2022 232 Sep 01, 2022

WHEAT
General Comments: Wheat markets traded sideways last week after a breakout attempt to higher prices failed Demand needs to improve as export sales have not been strong for the last year despite weaker production for much of the world and the war in Ukraine that has held up shipments of Wheat from there and from Russia until recently. That could be changing now as Russia has started to bomb export facilities in Ukraine in response to a Ukrainian initiative to start to take control of the southern parts of the country again. Russia reports that it has produced a big crop and has reduced export taxes recently in an effort to get Wheat sales on the books. Ukraine has taken advantage of the shipping corridor agreement with the UN and Russia and has been shipping Corn and Wheat. Europe is too hot and dry and the US central and southern Great Plains have also been too hot and dry. Dry weather is affecting the Indian production as well.
Overnight News: The southern Great Plains should get isolated showers. Temperatures should average above normal. Northern areas should see mostly dry conditions . Temperatures will average above normal. The Canadian Prairies should see isolated showers. Temperatures should average near to above normal.
Chart Analysis: Trends in Chicago are mixed. Support is at 783, 774, and 743 December, with resistance at 849, 864, and 913 December. Trends in Kansas City are mixed. Support is at 858, 850, and 822 December, with resistance at 921, 956, and 989 December. Trends in Minneapolis are mixed. Support is at 878, 863, and 852 December, and resistance is at 945, 959, and 967 December.

COT — Supplemental Report – Option and Futures Combined Positions as of August 30, 2022
: Reportable Positions : Nonreportable
:—————————————————————————————- : Positions
: Non-Commercial : Commercial : Index Traders : Total
: Long : Short :Spreading: Long : Short : Long : Short : Long : Short : Long : Short
——————————————————————————————————————-
WHEAT-SRW – CHICAGO BOARD OF TRADE
CFTC Code #001602 Open Interest is 362,465
: Positions :
: 35,606 91,556 91,176 48,522 108,558 154,061 35,914 329,366 327,204: 33,100 35,261
: Changes from: August 23, 2022 (Change in open interest: -69,728) :
: 2,196 -2,415 -44,015 -22,251 -16,802 -2,980 -3,167 -67,050 -66,398: -2,678 -3,330
: Percent of Open Interest Represented by Each Category of Trader :
: 9.8 25.3 25.2 13.4 29.9 42.5 9.9 90.9 90.3: 9.1 9.7
: Total Traders: 336 Number of Traders in Each Category :
: 79 84 99 80 99 50 29 266 260:
——————————————————————————————————————-

COT — Supplemental Report – Option and Futures Combined Positions as of August 30, 2022
: Reportable Positions : Nonreportable
:—————————————————————————————- : Positions
: Non-Commercial : Commercial : Index Traders : Total
: Long : Short :Spreading: Long : Short : Long : Short : Long : Short : Long : Short
——————————————————————————————————————-
WHEAT-HRW – CHICAGO BOARD OF TRADE
CFTC Code #001612 Open Interest is 159,411
: Positions :
: 24,688 33,844 20,510 36,465 78,229 58,284 6,360 139,947 138,943: 19,464 20,468
: Changes from: August 23, 2022 (Change in open interest: -17,531) :
: 1,435 -1,106 -10,915 -6,073 -3,729 -1,168 -2,087 -16,720 -17,836: -811 306
: Percent of Open Interest Represented by Each Category of Trader :
: 15.5 21.2 12.9 22.9 49.1 36.6 4.0 87.8 87.2: 12.2 12.8
: Total Traders: 204 Number of Traders in Each Category :
: 38 37 48 60 73 38 18 163 151:
——————————————————————————————————————-

Disaggregated Commitments of Traders- Options and Futures Combined Positions as of August 30, 2022
: Reportable Positions :
:————————————————————————————————————- :
: Producer/Merchant : : : :
: Processor/User : Swap Dealers : Managed Money : Other Reportables :
: Long : Short : Long : Short :Spreading: Long : Short :Spreading: Long : Short :Spreading :
—————————————————————————————————————-
WHEAT-HRSpring – MINNEAPOLIS GRAIN EXCHANGE (CONTRACTS OF 5,000 BUSHELS) :
CFTC Code #001626 Open Interest is 47,123 :
: Positions :
: 25,315 26,657 2,590 875 1 2,790 4,231 2,354 3,442 559 2,082 :
: Changes from: August 23, 2022 :
: -6,947 -5,438 209 0 -73 -208 -231 -472 370 -22 -3,075 :
: Percent of Open Interest Represented by Each Category of Trader :
: 53.7 56.6 5.5 1.9 0.0 5.9 9.0 5.0 7.3 1.2 4.4 :
: Number of Traders in Each Category Total Traders: 84 :
: 38 32 5 . . 5 7 5 9 4 8 :
—————————————————————————————————————-

RICE:
General Comments: Rice was a little higher in range trading last week. No one knows how export demand has been since USDA is still working on the computer system and cannot give weekly updates yet. The Texas harvest is moving along to completion and yield reports have been variable as have been quality reports. Some producers are getting done with harvesting in Texas as well as in southern Louisiana Yield reports have been generally good in Louisiana and quality reports are generally good. Crop conditions are mostly good to excellent for now in Arkansas and Mississippi. Trends are sideways on the daily charts.
Overnight News: The Delta should get mostly dry conditions. Temperatures should be above normal.
Chart Analysis: Trends are mixed. Support is at 1759, 1744, and 1715 November and resistance is at 1795, 1824, and 1848 November.

Disaggregated Commitments of Traders- Options and Futures Combined Positions as of August 30, 2022
: Reportable Positions :
:————————————————————————————————————- :
: Producer/Merchant : : : :
: Processor/User : Swap Dealers : Managed Money : Other Reportables :
: Long : Short : Long : Short :Spreading: Long : Short :Spreading: Long : Short :Spreading :
—————————————————————————————————————-
ROUGH RICE – CHICAGO BOARD OF TRADE (CONTRACTS OF 200,000 POUNDS) :
CFTC Code #039601 Open Interest is 9,438 :
: Positions :
: 3,716 7,079 189 0 0 2,238 763 0 907 326 533 :
: Changes from: August 23, 2022 :
: -531 122 5 0 0 534 -44 0 29 5 -372 :
: Percent of Open Interest Represented by Each Category of Trader :
: 39.4 75.0 2.0 0.0 0.0 23.7 8.1 0.0 9.6 3.5 5.6 :
: Number of Traders in Each Category Total Traders: 57 :
: 16 16 . 0 0 11 . 0 9 7 10 :
—————————————————————————————————————-

CORN AND OATS:
General Comments: Corn closed slightly lower last week as the US Dollar moved to new highs for the last 20 years and hurt demand ideas and as the US harvest starts to come closer to reality. There are also increasing concerns about demand with the Chinese economic problems caused by the lockdowns creating the possibility of less demand as South America has much better crops this year to compete with the US for sales. The Pro Farmer national Corn yield was estimated at 168.1 bushels per acre and this was considered very low. Ending stocks estimates could be very tight for the coming year if the crop projections hold true. Basis levels in the Midwest are strong amid light farm selling. It is still very hot and dry in parts of China and there is increasing concern about Corn production there this year. It has also been very hot and dry in Europe. Oats also closed lower last week as the harvest in that market continues and as the US Dollar rallies against the Canadian Dollar. Most of the Oats consumed in the US come from Canada.
Overnight News:
Chart Analysis: Trends in Corn are mixed. Support is at 661, 647, and 643 December, and resistance is at 684, 690, and 708 December. Trends in Oats are mixed. Support is at 364, 358, and 352 December, and resistance is at 396, 418, and 424 December.

COT — Supplemental Report – Option and Futures Combined Positions as of August 30, 2022
: Reportable Positions : Nonreportable
:—————————————————————————————- : Positions
: Non-Commercial : Commercial : Index Traders : Total
: Long : Short :Spreading: Long : Short : Long : Short : Long : Short : Long : Short
——————————————————————————————————————-
CORN – CHICAGO BOARD OF TRADE
CFTC Code #002602 Open Interest is 1,716,908
: Positions :
: 240,038 92,924 428,702 428,603 894,723 459,414 83,551 1,556,757 1,499,900: 160,152 217,008
: Changes from: August 23, 2022 (Change in open interest: -131,893) :
: 28,366 2,166 -95,650 -42,066 -15,114 -12,524 -14,566 -121,874 -123,165: -10,018 -8,728
: Percent of Open Interest Represented by Each Category of Trader :
: 14.0 5.4 25.0 25.0 52.1 26.8 4.9 90.7 87.4: 9.3 12.6
: Total Traders: 825 Number of Traders in Each Category :
: 170 103 190 361 428 56 29 675 679:
——————————————————————————————————————-

Disaggregated Commitments of Traders- Options and Futures Combined Positions as of August 30, 2022
: Reportable Positions :
:————————————————————————————————————- :
: Producer/Merchant : : : :
: Processor/User : Swap Dealers : Managed Money : Other Reportables :
: Long : Short : Long : Short :Spreading: Long : Short :Spreading: Long : Short :Spreading :
—————————————————————————————————————-
OATS – CHICAGO BOARD OF TRADE (CONTRACTS OF 5,000 BUSHELS) :
CFTC Code #004603 Open Interest is 3,377 :
: Positions :
: 877 1,348 149 0 0 100 541 0 475 4 336 :
: Changes from: August 23, 2022 :
: . . . . . . . . . . . :
: Percent of Open Interest Represented by Each Category of Trader :
: 26.0 39.9 4.4 0.0 0.0 3.0 16.0 0.0 14.1 0.1 9.9 :
: Number of Traders in Each Category Total Traders: 21 :
: 7 5 . 0 0 . . 0 5 . 4 :
—————————————————————————————————————-

SOYBEANS
General Comments: Soybeans and the products were higher on Friday but lowerfor the week ss the us Dollar moved to new 20 year highs and hurt demand ideas. Production ideas remain strong after mostly good weather in August. The market is increasingly worried about demand as China continues to lock down. Demand has improved lately but no one knows how long this can last and ideas are that overall demand is behind last year. Basis levels are still strong in the Midwest as demand has been improved. There are still renewed Chinese lockdowns and there are fears that China has been importing less as a result. Shenzhen and Dalian have been closed this week. Brazil is still exporting Soybeans so the US demand could be weaker. Brazil is still selling Soybeans as well, but for now the Chinese appear to be buying here. There is still a chance for weaker demand for US Soybeans once the Chinese demand is satisfied.
Overnight News:
Chart Analysis: Trends in Soybeans are mixed to down with objectives of 1382 and 1326 November. Support is at 1390, 1384, and 1376 November, and resistance is at 1432, 1448, and 1484 November. Trends in Soybean Meal are mixed. Support is at 418.00, 415.00, and 401.00 October, and resistance is at 429.00 434.00, and 440.00 October. Trends in Soybean Oil are mixed. Support is at 6500, 6390, and 6300 October, with resistance at 6930, 7030, and 7130 October.

COT — Supplemental Report – Option and Futures Combined Positions as of August 30, 2022
: Reportable Positions : Nonreportable
:—————————————————————————————- : Positions
: Non-Commercial : Commercial : Index Traders : Total
: Long : Short :Spreading: Long : Short : Long : Short : Long : Short : Long : Short
——————————————————————————————————————-
SOYBEANS – CHICAGO BOARD OF TRADE
CFTC Code #005602 Open Interest is 741,434
: Positions :
: 94,798 61,343 165,304 246,525 388,225 190,716 46,558 697,343 661,430: 44,091 80,004
: Changes from: August 23, 2022 (Change in open interest: -48,018) :
: -1,417 4,250 -38,079 3,620 -4,439 -10,593 -11,468 -46,469 -49,734: -1,549 1,717
: Percent of Open Interest Represented by Each Category of Trader :
: 12.8 8.3 22.3 33.2 52.4 25.7 6.3 94.1 89.2: 5.9 10.8
: Total Traders: 601 Number of Traders in Each Category :
: 123 137 163 172 256 56 26 441 502:
——————————————————————————————————————-

COT — Supplemental Report – Option and Futures Combined Positions as of August 30, 2022
: Reportable Positions : Nonreportable
:—————————————————————————————- : Positions
: Non-Commercial : Commercial : Index Traders : Total
: Long : Short :Spreading: Long : Short : Long : Short : Long : Short : Long : Short
——————————————————————————————————————-
SOYBEAN OIL – CHICAGO BOARD OF TRADE
CFTC Code #007601 Open Interest is 439,383
: Positions :
: 45,431 26,870 102,854 137,874 268,830 121,340 18,283 407,499 416,837: 31,884 22,546
: Changes from: August 23, 2022 (Change in open interest: -32,659) :
: 2,708 -4,270 -16,161 -16,878 -10,023 -1,571 -1,895 -31,902 -32,349: -757 -310
: Percent of Open Interest Represented by Each Category of Trader :
: 10.3 6.1 23.4 31.4 61.2 27.6 4.2 92.7 94.9: 7.3 5.1
: Total Traders: 285 Number of Traders in Each Category :
: 67 47 79 83 97 48 22 231 222:
——————————————————————————————————————-

COT — Supplemental Report – Option and Futures Combined Positions as of August 30, 2022
: Reportable Positions : Nonreportable
:—————————————————————————————- : Positions
: Non-Commercial : Commercial : Index Traders : Total
: Long : Short :Spreading: Long : Short : Long : Short : Long : Short : Long : Short
——————————————————————————————————————-
SOYBEAN MEAL – CHICAGO BOARD OF TRADE
CFTC Code #026603 Open Interest is 435,028
: Positions :
: 79,541 11,647 73,631 97,065 309,699 133,212 11,861 383,450 406,839: 51,579 28,189
: Changes from: August 23, 2022 (Change in open interest: -39,735) :
: -2,974 1,085 -28,489 298 -6,905 -4,615 -3,862 -35,780 -38,170: -3,955 -1,564
: Percent of Open Interest Represented by Each Category of Trader :
: 18.3 2.7 16.9 22.3 71.2 30.6 2.7 88.1 93.5: 11.9 6.5
: Total Traders: 272 Number of Traders in Each Category :
: 73 29 65 84 101 44 15 235 189:
——————————————————————————————————————-

CANOLA AND PALM OIL
General Comments: Palm Oil was lower last week on weaker outside markets and on ideas of increasing production against only weak export interest. The market was lower today on ideas of bigger production and less demand. MPOB data will be released this week and will help direct the next move for the futures market. Ideas are that supply and demand will be strong, but demand ideas are now weakening and the market will look to the private data for clues on demand and the direction of the futures market. Canola was lower with the price action in Chicago. The Canola growing conditions are much improved with rans being reported in recent days but the rains are bringing some concerns about disease showing.
Overnight News:
Chart Analysis: Trends in Canola are mixed to down with objectives of 786.00, 746.00, and 724.00 November. Support is at 795.00, 779.00, and 763.00 November, with resistance at 833.00, 857.00, and 870.00 November. Trends in Palm Oil are mixed to down with objectives of 4000 and 3680 November. Support is at 3820, 3720, and 3650 November, with resistance at 4050, 4340, and 4380 November.

Disaggregated Commitments of Traders- Options and Futures Combined Positions as of August 30, 2022
: Reportable Positions :
:————————————————————————————————————- :
: Producer/Merchant : : : :
: Processor/User : Swap Dealers : Managed Money : Other Reportables :
: Long : Short : Long : Short :Spreading: Long : Short :Spreading: Long : Short :Spreading :
—————————————————————————————————————-
USD Malaysian Crude Palm Oil C – CHICAGO MERCANTILE EXCHANGE (CONTRACTS OF 25 METRIC TONS) :
CFTC Code #037021 Open Interest is 50,940 :
: Positions :
: 40,290 33,989 3,068 5,547 3,424 0 0 0 3,278 4,500 880 :
: Changes from: August 23, 2022 :
: 280 160 440 -600 1,532 0 0 0 200 1,120 -200 :
: Percent of Open Interest Represented by Each Category of Trader :
: 79.1 66.7 6.0 10.9 6.7 0.0 0.0 0.0 6.4 8.8 1.7 :
: Number of Traders in Each Category Total Traders: 24 :
: 8 10 . . 4 0 0 0 . 5 . :
—————————————————————————————————————-

Disaggregated Commitments of Traders- Options and Futures Combined Positions as of August 30, 2022
: Reportable Positions :
:————————————————————————————————————- :
: Producer/Merchant : : : :
: Processor/User : Swap Dealers : Managed Money : Other Reportables :
: Long : Short : Long : Short :Spreading: Long : Short :Spreading: Long : Short :Spreading :
—————————————————————————————————————-
CANOLA – ICE FUTURES U.S. (20 Metric Tonnes) :
CFTC Code #135731 Open Interest is 199,243 :
: Positions :
: 162,935 129,768 1,504 5,695 1,259 4,772 23,959 13,263 3,194 10,495 10,994 :
: Changes from: August 23, 2022 :
: 12,113 5,800 -171 1,274 32 -936 1,770 55 10 1,762 880 :
: Percent of Open Interest Represented by Each Category of Trader :
: 81.8 65.1 0.8 2.9 0.6 2.4 12.0 6.7 1.6 5.3 5.5 :
: Number of Traders in Each Category Total Traders: 344 :
: 41 96 . 7 4 14 55 24 33 131 49 :
—————————————————————————————————————-

Midwest Weather Forecast:: Mostly dry or isolated showers today. Temperatures should average near normal.

US Gulf Cash Basis

Corn HRW SRW Soybeans Soybean Meal Soybean Oil
August
145 Sep
170 Sep
130 Dec
250 Nov

September
145 Sep
170 Sep
130 Dec
250 Nov

October
148 Dec
210 Dec
130 Dec
210 Nov

DJ ICE Canada Cash Grain Close – Sep 2
WINNIPEG — The following are the closing cash canola prices
from ICE Futures.
Source: ICE Futures
1 Canada NCC Best Bid
Price Basis Contract Change
CANOLA
*Par Region 815.40 -19.00 Nov. 2022 dn 22.40
Basis: Thunder Bay 852.10 35.00 Nov. 2022 up 5.10
Basis: Vancouver 872.10 55.00 Nov. 2022 up 5.10
All prices in Canadian dollars per metric tonne.
*Quote for previous day.
Source: Commodity News Service Canada (news@marketsfarm.com,
or 204-414-9084)

DJ Malaysian PM Cash Market Prices for Palm Oil – Sept 6
The following are prices for Malaysian palm oil in the cash market at 1000 GMT Tuesday, supplied by commodity broker Matthes & Porton Bhd.
Prices are quoted in U.S. dollars a metric ton, except for crude palm oil and palm kernel oil, which are in ringgit a ton. Palm kernel oil prices are in ringgit a pikul, a Malaysian measurement equivalent to 60 kilograms.
Refined, bleached and deodorized palm oil, FOB, Malaysian ports
Offer Change Bid Change Traded
Sept 947.50 -20.00 Unquoted – –
Oct/Nov/Dec 957.50 -10.00 Unquoted – –
Jan/Feb/Mar 967.50 -20.00 Unquoted – –
RBD palm olein, FOB, Malaysian ports
Offer Change Bid Change Traded
Sept 950.00 -20.00 Unquoted – –
Oct/Nov/Dec 960.00 -10.00 Unquoted – –
Jan/Feb/Mar 970.00 -20.00 Unquoted – –
RBD palm stearin, FOB, Malaysian ports
Offer Change Bid Change Traded
Sept 880.00 -10.00 Unquoted – –
Palm Fatty Acid Distillate, FOB Malaysian ports
Offer Change Bid Change Traded
Sept 660.00 -10.00 Unquoted – –
Crude palm oil, Delivered Basis, South Malaysia
Offer Change Bid Change Traded
Sept 3850.00 -100.00 Unquoted – –
Palm kernel oil, Delivered Basis, South Malaysia
Offer Change Bid Change Traded
Sept 309.00 00.00 Unquoted – –
($1=MYR4.498)

DJ China Dalian Grain Futures Closing Prices, Volume – Sep 06
Soybean No. 1
Turnover: 102,789 lots, or 5.91 billion yuan
Open High Low Close Prev. Settle Ch. Vol Open
Settle Interest
Sep-22 5,861 5,861 5,861 5,861 5,888 5,861 -27 2 4,000
Nov-22 5,774 5,805 5,758 5,763 5,800 5,776 -24 78,080 93,883
Jan-23 5,670 5,718 5,670 5,684 5,703 5,694 -9 16,766 43,487
Mar-23 5,579 5,608 5,575 5,591 5,608 5,595 -13 7,646 11,608
May-23 5,588 5,616 5,588 5,595 5,613 5,605 -8 239 2,237
Jul-23 5,597 5,597 5,578 5,578 5,595 5,591 -4 56 404
Corn
Turnover: 526,956 lots, or 1.48 billion yuan
Open High Low Close Prev. Settle Ch. Vol Open
Settle Interest
Sep-22 2,746 2,755 2,746 2,755 2,732 2,750 18 285 11,240
Nov-22 2,776 2,799 2,770 2,796 2,770 2,787 17 116,556 274,160
Jan-23 2,801 2,831 2,800 2,827 2,802 2,819 17 363,335 887,301
Mar-23 2,815 2,840 2,812 2,833 2,811 2,830 19 24,500 164,923
May-23 2,855 2,875 2,849 2,870 2,850 2,866 16 15,257 51,213
Jul-23 2,864 2,887 2,863 2,879 2,863 2,878 15 7,023 34,881
Soymeal
Turnover: 829,783 lots, or 3.20 billion yuan
Open High Low Close Prev. Settle Ch. Vol Open
Settle Interest
Sep-22 4,495 4,522 4,495 4,519 4,492 4,506 14 450 3,706
Nov-22 4,328 4,340 4,236 4,249 4,273 4,277 4 77,353 235,790
Dec-22 4,053 4,086 3,983 4,009 4,040 4,031 -9 20,054 112,917
Jan-23 3,870 3,886 3,801 3,811 3,844 3,833 -11 644,897 1,353,652
Mar-23 3,710 3,720 3,645 3,660 3,690 3,668 -22 14,974 53,275
May-23 3,551 3,567 3,508 3,520 3,546 3,530 -16 61,208 157,474
Jul-23 3,529 3,539 3,486 3,497 3,523 3,504 -19 6,959 13,470
Aug-23 3,560 3,571 3,521 3,532 3,552 3,540 -12 3,888 5,614
Palm Oil
Turnover: 854,034 lots, or 68.41 billion yuan
Open High Low Close Prev. Settle Ch. Vol Open
Settle Interest
Sep-22 8,250 9,000 8,250 8,270 8,232 8,376 144 298 871
Oct-22 8,260 8,306 8,138 8,294 8,234 8,228 -6 24,903 30,380
Nov-22 8,122 8,214 8,028 8,202 8,122 8,110 -12 15,208 74,989
Dec-22 8,108 8,132 7,958 8,118 8,066 8,046 -20 6,589 47,105
Jan-23 8,048 8,078 7,904 8,054 8,028 8,000 -28 781,184 418,798
Feb-23 8,066 8,086 7,912 8,062 8,024 8,004 -20 5,819 25,745
Mar-23 8,068 8,090 7,920 8,058 8,050 8,006 -44 4,109 12,438
Apr-23 8,058 8,102 7,932 8,072 8,090 8,006 -84 3,097 6,042
May-23 8,114 8,114 7,952 8,086 8,098 8,044 -54 12,806 29,666
Jun-23 8,050 8,068 8,016 8,068 8,126 8,038 -88 6 54
Jul-23 7,986 8,040 7,914 8,040 8,062 7,984 -78 13 95
Aug-23 7,988 7,988 7,978 7,978 8,090 7,982 -108 2 8
Soybean Oil
Turnover: 700,746 lots, or 66.79 billion yuan
Open High Low Close Prev. Settle Ch. Vol Open
Settle Interest
Sep-22 10,028 10,400 10,028 10,400 10,216 10,214 -2 60 2,426
Nov-22 9,900 10,068 9,900 10,032 9,856 9,986 130 29,659 76,799
Dec-22 9,620 9,804 9,620 9,768 9,574 9,704 130 11,244 65,997
Jan-23 9,510 9,624 9,446 9,558 9,432 9,526 94 635,523 415,183
Mar-23 9,120 9,192 9,016 9,122 9,036 9,086 50 3,278 35,166
May-23 9,040 9,132 8,960 9,064 8,974 9,038 64 9,451 33,131
Jul-23 8,956 9,044 8,882 8,984 8,916 8,950 34 2,613 9,446
Aug-23 8,890 8,988 8,820 8,922 8,830 8,898 68 8,918 7,282
Notes:
1) Unit is Chinese yuan a metric ton;
2) Ch. is day’s settlement minus previous settlement;
3) Volume and open interest are in lots;
4) One lot is equivalent to 10 metric tons.

Questions? Ask Jack Scoville today at 312-264-4322