Grains Report 07/01/2024

DJ CBOT Delivery Intentions: Totals – Jul 1
Source: CME Group
Contract Quantity Next Trade
Commodity Month Delivery Day Assigned Today Date Available
SOYBEAN OIL July Jul 02, 2024 249 Jun 27, 2024
ROUGH RICE July Jul 02, 2024 7 Apr 29, 2024
CORN July Jul 02, 2024 721 Jun 26, 2024
OATS July Jul 02, 2024 18 Jun 28, 2024
WHEAT July Jul 02, 2024 577 Jun 26, 2024

DJ USDA Report: Summary for June Acreage
The following are key numbers from the USDA’s U.S. Grain, Soybean Planted
Acreage report and how the government’s estimates compared with analysts’
forecasts in a Wall Street Journal survey.
U.S. Grain, Soybean Planting (million acres)
Friday’s USDA USDA
Estimate Average Range March 2023
Corn 91.475 90.269 89.0-91.2 90.036 94.641
Soybeans 86.100 86.861 86.1-87.6 86.510 83.600
All Wheat 47.240 47.577 47.1-48.0 47.498 49.575
Winter Wheat 33.805 34.155 34.0-34.5 34.135 36.699
Spring Wheat 11.270 11.361 11.2-11.7 11.335 11.200
Durum Wheat 2.165 1.998 1.9-2.1 2.028 1.676

DJ USDA Report: Summary for U.S. Quarterly Grain Stocks
The following are key numbers from the USDA’s Quarterly Grain, Soybean Stockpiles and how the government’s estimates compared with analysts’ forecasts in a Wall Street Journal survey.
U.S. Stockpiles on June 1, 2024 (million bushels)
Friday’s USDA USDA
Estimate Average Range June 1 2023 Mar 2024
Corn 4,993 4,867 4,675- 5,113 4,103 8,352
Soybeans 970 957 861- 1,004 796 1,845
Wheat 702 682 644- 699 570 1,089

WHEAT
General Comments: Wheat was lower in all three markets Friday, but a little higher for the week, in reaction to the USDA reports. USDA showed that the quarterly stocks were a little higher than expected but that planted area was a little below expectations. The US harvest is expanding through Kansas and adverse world growing conditions are still around. There were more reports of hot temperatures coming this week to Russian growing areas. It has also been very dry there. The weather is still a key, with extreme dryness reported in Russia and parts of the US and too wet conditions reported in Europe. However, US producers are reporting strong yields that exceed expectations so far and very good conditions. Big world supplies and low world prices are still around.
Overnight News: The southern Great Plains should get mostly dry conditions. Temperatures should be above normal. Northern areas should see mostly dry conditions. Temperatures will average above normal. The Canadian Prairies should see mostly dry conditions. Temperatures should average above normal.
Chart Analysis: Trends in Chicago are mixed. Support is at 557, 550, and 544 September, with resistance at 586, 605, and 614 September. Trends in Kansas City are mixed. Support is at 576, 568, and 565 September, with resistance at 601, 614, and 636 September. Trends in Minneapolis are down with no objectives. Support is at 602, 596, and 590 September, and resistance is at 624, 646, and 649 September.

COT — Supplemental Report – Option and Futures Combined Positions as of June 25, 2024
: 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 470,814
: Positions :
: 56,168 139,403 122,238 111,598 111,317 141,515 57,549 431,520 430,507: 39,295 40,307
: Changes from: June 18, 2024 (Change in open interest: -33,946) :
: 9,348 20,375 -32,587 -6,667 -15,579 -5,708 -3,786 -35,615 -31,577: 1,668 -2,369
: Percent of Open Interest Represented by Each Category of Trader :
: 11.9 29.6 26.0 23.7 23.6 30.1 12.2 91.7 91.4: 8.3 8.6
: Total Traders: 377 Number of Traders in Each Category :
: 90 103 123 103 100 46 32 309 294:
——————————————————————————————————————-

COT — Supplemental Report – Option and Futures Combined Positions as of June 25, 2024
: 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 242,346
: Positions :
: 26,951 73,525 45,441 66,550 73,651 86,431 25,345 225,373 217,962: 16,973 24,384
: Changes from: June 18, 2024 (Change in open interest: -15,134) :
: 6,744 5,740 -12,707 -4,376 -13,701 -1,232 5,243 -11,571 -15,426: -3,563 291
: Percent of Open Interest Represented by Each Category of Trader :
: 11.1 30.3 18.8 27.5 30.4 35.7 10.5 93.0 89.9: 7.0 10.1
: Total Traders: 242 Number of Traders in Each Category :
: 43 57 58 79 77 37 23 194 183:
——————————————————————————————————————-

Disaggregated Commitments of Traders- Options and Futures Combined Positions as of June 25, 2024
: 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 72,708 :
: Positions :
: 37,769 24,927 3,119 0 48 11,078 24,996 5,516 1,268 1,166 3,279 :
: Changes from: June 18, 2024 :
: 5,014 -5,178 -313 0 -340 -2,878 7,775 105 11 396 -622 :
: Percent of Open Interest Represented by Each Category of Trader :
: 51.9 34.3 4.3 0.0 0.1 15.2 34.4 7.6 1.7 1.6 4.5 :
: Number of Traders in Each Category Total Traders: 107 :
: 51 38 4 0 . 12 20 13 7 6 8 :
—————————————————————————————————————-

RICE
General Comments: Rice closed a little lower in new crop months, but July closed higher as the contract moves into deliveries. New crop months were hurt by higher planted area estimates. The big US crops are now in doubt from reports of extreme rains in southern growing areas and especially near Houston. Supply tightness is expected to give way to increased production this year and greatly increased supplies this Fall. These ideas are reflected in the prices seen in the old crop and the new crop.
Overnight News:
Chart Analysis: Trends are mixed to down with no objectives. Support is at 1530, 1518, and 1511 September and resistance is at 1563, 1571, and 1583 September.

Disaggregated Commitments of Traders- Options and Futures Combined Positions as of June 25, 2024
: 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 8,408 :
: Positions :
: 3,754 5,832 146 0 0 1,019 1,090 0 1,294 20 547 :
: Changes from: June 18, 2024 :
: -284 -103 -43 0 0 272 -193 0 -127 -34 -204 :
: Percent of Open Interest Represented by Each Category of Trader :
: 44.6 69.4 1.7 0.0 0.0 12.1 13.0 0.0 15.4 0.2 6.5 :
: Number of Traders in Each Category Total Traders: 52 :
: 21 20 . 0 0 6 6 0 10 . 5 :
—————————————————————————————————————-

CORN AND OATS
General Comments: Corn closed sharply lower on Friday and lower for the week on higher than expected planted area estimates released by USDA along with sharply higher than expected quarterly stocks data. The US weather remains hot and mostly dry except for northern areas such as southern Minnesota that have had way too much rain and flooding reported. The US Midwest is seeing uneven growing conditions and so are Southeast growing areas. However, USDA kept crop conditions high and the market sees no real problem at this time. Oats were mostly a little higher Friday and for the week on good growing conditions found in the northern US and into Canada.
Overnight News:
Chart Analysis: Trends in Corn are down with no objectives. Support is at 400, 394, and 388 September, and resistance is at 429, 432, and 443 September. Trends in Oats are mixed. Support is at 402, 296, and 290 September, and resistance is at 322, 327, and 338 September.

COT — Supplemental Report – Option and Futures Combined Positions as of June 25, 2024
: 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 1,922,363
: Positions :
: 171,513 410,767 567,148 555,913 525,561 438,113 188,992 1,732,687 1,692,468: 189,676 229,895
: Changes from: June 18, 2024 (Change in open interest: -126,232) :
: -17,110 59,512 -67,803 -18,844 -107,692 -24,034 -6,691 -127,791 -122,674: 1,559 -3,559
: Percent of Open Interest Represented by Each Category of Trader :
: 8.9 21.4 29.5 28.9 27.3 22.8 9.8 90.1 88.0: 9.9 12.0
: Total Traders: 776 Number of Traders in Each Category :
: 153 152 201 346 329 53 40 657 636:
——————————————————————————————————————-

Disaggregated Commitments of Traders- Options and Futures Combined Positions as of June 25, 2024
: 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 5,073 :
: Positions :
: 1,716 2,128 92 177 8 330 1,083 0 448 202 98 :
: Changes from: June 18, 2024 :
: 41 -196 92 -8 8 -32 422 0 42 109 69 :
: Percent of Open Interest Represented by Each Category of Trader :
: 33.8 41.9 1.8 3.5 0.2 6.5 21.3 0.0 8.8 4.0 1.9 :
: Number of Traders in Each Category Total Traders: 24 :
: 5 6 . . . . 6 0 . . . :
—————————————————————————————————————-

SOYBEANS
General Comments: Soybeans closed a little lower and the products closed mixed last week in reaction to the USDA reports on Friday and despite deteriorating growing conditions in the US and on forecasts for less heat and less rain in areas that need it in the Midwest this week. USDA found less than expected plamted area and slightly more stocks than had been expected by the trade. Precipitation chances are high in northern Midwest areas that have already been flooded. Reports indicate that China remains an active buyer of Soybeans in Brazil but has cut back and increased purchases from the US on demand due to the tax issues in Brazil and on Brazil logistical concerns. Domestic demand has been strong in the US but has suffered as crushers were crushing for oil. Oil demand has suffered as cheaper alternatives for feedstocks hit the biofuels market.
Overnight News:
Chart Analysis: Trends in Soybeans are mixed to down with objectives of 1117 and 1094 August. Support is at 1128, 1116, and 1104 August, and resistance is at 1140, 1155, and 1162 August. Trends in Soybean Meal are mixed. Support is at 34400, 343.00, and 340.00 August, and resistance is at 353.00, 359.00, and 361.00 August. Trends in Soybean Oil are mixed. Support is at 4330, 4280, and 4220 August, with resistance at 4430, 4480, and 4510 August.

COT — Supplemental Report – Option and Futures Combined Positions as of June 25, 2024
: 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 937,412
: Positions :
: 54,385 193,679 250,117 378,679 343,205 194,540 79,239 877,722 866,241: 59,691 71,171
: Changes from: June 18, 2024 (Change in open interest: -129,676) :
: -1,030 24,445 -75,153 -43,499 -64,064 -11,423 -9,427 -131,106 -124,200: 1,429 -5,477
: Percent of Open Interest Represented by Each Category of Trader :
: 5.8 20.7 26.7 40.4 36.6 20.8 8.5 93.6 92.4: 6.4 7.6
: Total Traders: 551 Number of Traders in Each Category :
: 106 157 173 196 199 50 27 461 458:
——————————————————————————————————————-

COT — Supplemental Report – Option and Futures Combined Positions as of June 25, 2024
: 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 618,910
: Positions :
: 63,271 177,100 126,931 238,225 246,682 156,904 35,983 585,332 586,696: 33,579 32,214
: Changes from: June 18, 2024 (Change in open interest: -12,410) :
: -1,898 19,722 -14,745 11,339 -18,776 -6,986 -3,905 -12,290 -17,703: -120 5,293
: Percent of Open Interest Represented by Each Category of Trader :
: 10.2 28.6 20.5 38.5 39.9 25.4 5.8 94.6 94.8: 5.4 5.2
: Total Traders: 339 Number of Traders in Each Category :
: 69 93 91 102 90 45 25 270 255:
——————————————————————————————————————-

COT — Supplemental Report – Option and Futures Combined Positions as of June 25, 2024
: 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 542,155
: Positions :
: 102,988 47,804 139,334 124,058 302,260 130,114 19,691 496,495 509,089: 45,660 33,065
: Changes from: June 18, 2024 (Change in open interest: -42,257) :
: 80 9,008 -24,187 -6,714 -23,893 -5,778 -4,433 -36,599 -43,506: -5,658 1,249
: Percent of Open Interest Represented by Each Category of Trader :
: 19.0 8.8 25.7 22.9 55.8 24.0 3.6 91.6 93.9: 8.4 6.1
: Total Traders: 326 Number of Traders in Each Category :
: 73 65 89 101 114 43 25 264 256:
——————————————————————————————————————-

CANOLA AND PALM OIL
General Comments: Palm Oil was higher Friday and held inside the trading range. Export demand has been very strong in recent private reports. There is talk of increased supplies available to the market, but the trends are up on the daily and weekly charts. Canola was higher Friday in range trading. The daily charts show that Canola rejected a new leg down last week and closed near the top end of the recent trading range
Overnight News:
Chart Analysis: Trends in Canola are mixed. Support is at 618.00, 599.00, and 591.00 November, with resistance at 630.00, 634.00, and 640.00 November. Trends in Palm Oil are mixed to down with objectives of 3770 and 3630 September. Support is at 3780, 3760, and 3680 September, with resistance at 3970, 3990, and 4020 September.

Disaggregated Commitments of Traders- Options and Futures Combined Positions as of June 25, 2024
: 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 44,686 :
: Positions :
: 34,016 15,675 1,240 15,265 230 600 2,920 80 550 2,556 7,960 :
: Changes from: June 18, 2024 :
: 45 805 120 -400 200 0 400 0 -80 -740 1,190 :
: Percent of Open Interest Represented by Each Category of Trader :
: 76.1 35.1 2.8 34.2 0.5 1.3 6.5 0.2 1.2 5.7 17.8 :
: Number of Traders in Each Category Total Traders: 30 :
: 9 10 . 4 . . . . . 6 . :
—————————————————————————————————————-

Disaggregated Commitments of Traders- Options and Futures Combined Positions as of June 25, 2024
: 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 258,191 :
: Positions :
: 227,420 86,809 2,647 12,051 386 3,819 132,197 8,275 10,082 11,743 4,267 :
: Changes from: June 18, 2024 :
: 4,805 -7,311 -80 -137 -120 -105 12,771 -3,022 963 297 -3,240 :
: Percent of Open Interest Represented by Each Category of Trader :
: 88.1 33.6 1.0 4.7 0.1 1.5 51.2 3.2 3.9 4.5 1.7 :
: Number of Traders in Each Category Total Traders: 311 :
: 49 55 . 6 . 12 94 27 46 71 35 :
—————————————————————————————————————-

Midwest Weather Forecast Scattered showers and storms. Temperatures should average below normal.

Corn HRW SRW Soybeans Soybean Meal Soybean Oil
June 58 July 110 July
60 July
69 July

July 69 July 115 July 60 July 70 July

August 62 Sep 120 Sep 35 Sep 82 Aug

DJ Malaysian PM Cash Market Prices for Palm Oil – July 1
The following are prices for Malaysian palm oil in the cash market at 1000 GMT Monday, 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
Jul 900.00 +12.50 Unquoted – –
Aug/Sep 892.50 +10.00 Unquoted – –
Oct/Nov/Dec 880.00 +10.00 Unquoted – –
Jan/Feb/Mar 890.00 +07.50 Unquoted – –
RBD palm olein, FOB, Malaysian ports
Offer Change Bid Change Traded
Jul 902.50 +12.50 Unquoted – –
Aug/Sep 895.00 +10.00 Unquoted – –
Oct/Nov/Dec 882.50 +10.00 Unquoted – –
Jan/Feb/Mar 892.50 +07.50 Unquoted – –
RBD palm stearin, FOB, Malaysian ports
Offer Change Bid Change Traded
Jul 900.00 +12.50 Unquoted – –
Palm Fatty Acid Distillate, FOB Malaysian ports
Offer Change Bid Change Traded
Jul 842.50 +07.50 Unquoted – –
Crude palm oil, Delivered Basis, South Malaysia
Offer Change Bid Change Traded
Jul 4,050.00 +50.00 Unquoted – –
Palm kernel oil, Delivered Basis, South Malaysia
Offer Change Bid Change Traded
Jul 302.00 +08.00 Unquoted – –
($1=MYR4.714)

DJ China Dalian Grain Futures Closing Prices, Volume – Jul 01
Soybean No. 1
Turnover: 122,002 lots, or 5.68 billion yuan
Open High Low Close Prev. Settle Ch. Vol Open
Settle Interest
Jul-24 4,675 4,675 4,650 4,650 4,673 4,670 -3 6 658
Sep-24 4,692 4,701 4,666 4,679 4,677 4,681 4 94,188 152,901
Nov-24 4,581 4,591 4,566 4,587 4,563 4,581 18 6,611 20,231
Jan-25 4,564 4,577 4,547 4,567 4,545 4,565 20 20,315 36,425
Mar-25 4,520 4,540 4,516 4,536 4,511 4,530 19 423 2,814
May-25 4,527 4,550 4,526 4,543 4,514 4,536 22 459 2,512
Corn
Turnover: 726,954 lots, or 18.01 billion yuan
Open High Low Close Prev. Settle Ch. Vol Open
Settle Interest
Jul-24 2,475 2,475 2,441 2,442 2,470 2,458 -12 3,664 5,525
Sep-24 2,506 2,510 2,480 2,483 2,510 2,491 -19 593,377 724,263
Nov-24 2,437 2,442 2,419 2,425 2,441 2,427 -14 64,598 233,575
Jan-25 2,418 2,418 2,394 2,396 2,415 2,402 -13 52,135 169,721
Mar-25 2,412 2,415 2,390 2,391 2,412 2,399 -13 12,467 40,024
May-25 2,453 2,455 2,433 2,435 2,451 2,440 -11 713 3,658
Soymeal
Turnover: 1,838,757 lots, or 61.59 billion yuan
Open High Low Close Prev. Settle Ch. Vol Open
Settle Interest
Jul-24 3,184 3,209 3,152 3,177 3,184 3,184 0 954 11,503
Aug-24 3,349 3,363 3,303 3,339 3,342 3,333 -9 36,186 89,634
Sep-24 3,375 3,387 3,328 3,366 3,368 3,356 -12 1,440,504 1,826,382
Nov-24 3,393 3,405 3,353 3,387 3,388 3,380 -8 44,793 396,142
Dec-24 3,419 3,430 3,391 3,403 3,418 3,408 -10 6,022 43,941
Jan-25 3,409 3,419 3,380 3,403 3,408 3,399 -9 228,436 569,897
Mar-25 3,218 3,218 3,184 3,194 3,221 3,201 -20 8,248 36,929
May-25 3,066 3,069 3,051 3,060 3,065 3,058 -7 73,614 316,792
Palm Oil
Turnover: 985,910 lots, or 76.67 billion yuan
Open High Low Close Prev. Settle Ch. Vol Open
Settle Interest
Jul-24 7,842 7,842 7,832 7,832 7,744 7,834 90 3 0
Aug-24 7,698 7,914 7,684 7,912 7,690 7,832 142 6,603 2,814
Sep-24 7,654 7,886 7,644 7,868 7,656 7,780 124 860,863 557,046
Oct-24 7,616 7,826 7,610 7,806 7,616 7,754 138 1,477 977
Nov-24 7,614 7,810 7,604 7,794 7,610 7,732 122 243 580
Dec-24 7,616 7,800 7,614 7,778 7,620 7,728 108 70 346
Jan-25 7,648 7,806 7,612 7,792 7,622 7,738 116 106,775 196,204
Feb-25 7,632 7,792 7,632 7,776 7,626 7,726 100 67 331
Mar-25 7,630 7,794 7,630 7,782 7,638 7,728 90 151 2,299
Apr-25 7,650 7,788 7,650 7,780 7,642 7,698 56 37 218
May-25 7,648 7,818 7,644 7,812 7,642 7,758 116 9,576 25,973
Jun-25 7,594 7,766 7,594 7,766 7,480 7,684 204 45 82
Soybean Oil
Turnover: 575,134 lots, or 45.33 billion yuan
Open High Low Close Prev. Settle Ch. Vol Open
Settle Interest
Jul-24 7,580 7,680 7,580 7,670 7,610 7,662 52 17 380
Aug-24 7,788 7,864 7,764 7,832 7,774 7,830 56 5,717 27,302
Sep-24 7,818 7,918 7,810 7,882 7,824 7,874 50 478,804 651,503
Nov-24 7,834 7,930 7,824 7,904 7,834 7,884 50 973 5,975
Dec-24 7,906 8,000 7,906 7,974 7,906 7,954 48 37 1,559
Jan-25 7,898 7,984 7,880 7,954 7,884 7,944 60 82,547 247,694
Mar-25 7,710 7,800 7,698 7,778 7,704 7,754 50 131 3,493
May-25 7,622 7,712 7,602 7,698 7,618 7,660 42 6,908 45,713
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