2016.02.01 Commodity Cot

Embed Size (px)

Citation preview

  • 7/25/2019 2016.02.01 Commodity Cot

    1/7

    Covering the week ending January 26, 2016

    CommoditiesCommitment of Traders (futures & options)Source for all data and charts in this publication: Bloomberg L.P., CFTC, Saxo Bank

    Table

    26-Jan-16 Long Change Short Change Net position Net Change 1 yr high 1 yr low Price

    change

    WTI Crude (NYMEX) 289,181 23,031 178,749 -5,444 110,432 28,475 268,163 69,755 10.5%

    WTI Crude (ICE) 22,264 -2,271 64,643 10,488 -42,379 -12,759 28,716 -42,379

    RBOB Gasoline 57,072 -5,451 39,690 -2,860 17,382 -2,591 53,972 -1,274 2.0%

    NY Harbor ULSD 27,969 -413 49,414 -4,200 -21,445 3,787 -1,644 -45,372 6.5%

    NatGas (4 contr.) -30,971 -7,585 -10,893 -166,165 4.3%

    Gold 102,247 15,452 78,398 -6,463 23,849 21,915 161,998 -24,263 2.9%

    Silver 49,403 1,054 25,231 -7,540 24,172 8,594 51,585 -11,515 3.1%

    Platinum 26,838 -373 18,970 -1,803 7,868 1,430 23,493 5,003 5.6%

    Palladium 12,967 -734 6,848 -165 6,119 -569 18,866 5,624 -0.8%

    HG Copper 32,602 2,843 56,518 -7,240 -23,916 10,083 40,032 -36,899 3.0%

    Soybeans 68,542 -1,480 98,998 3,203 -30,456 -4,683 90,219 -103,963 -0.8%

    Soybean Meal 37,755 -2,184 76,077 -11,128 -38,322 8,944 61,217 -49,388 -0.5%

    Soybean Oil 66,829 -3,852 18,280 -12,854 48,549 9,002 72,457 -18,796 2.4%

    Corn 154,428 -1,156 241,625 -72,169 -87,197 71,013 279,665 -186,831 0.4%

    Wheat (CBOT) 60,655 5,165 111,354 -14,594 -50,699 19,759 34,370 -111,409 2.2%

    Wheat (KCBT) 32,804 -314 49,313 61 -16,509 -375 11,578 -24,115 0.8%Sugar 158,078 -21,963 39,770 13,463 118,308 -35,426 182,391 -116,984 -4.9%

    Cocoa 47,061 -70 27,566 2,012 19,495 -2,082 49,300 16,999 -3.6%

    Coffee 23,243 -599 46,494 -2,667 -23,251 2,068 17,941 -27,992 0.9%

    Cotton 52,271 1,174 24,954 2,317 27,317 -1,143 60,357 7,155 -1.7%

    Orange Juice 916 -367 2,605 936 -1,689 -1,303 3,289 -5,228 2.4%

    Live Cattle 47,682 -616 34,857 2,494 12,825 -3,110 94,867 269 2.9%

    Feeder Cattle 6,125 114 4,382 -93 1,743 207 10,642 -1,144 2.9%

    Lean Hogs 44,506 2,191 14,661 -3,466 29,845 5,657 46,071 7,157 2.3%

    Energy sector 33,019 9,327

    Metal sector 38,092 41,453

    Grains -174,634 103,660

    Agri (-grains) 184,593 -35,132

    SAXO BANK A/S | PHILIP HEYMANS ALL 15 | 2900 HELLERUP | PHONE: +45 3977 4000 | WWW.SAXOBANK.COM | CVR NR: 15 73 12 49

  • 7/25/2019 2016.02.01 Commodity Cot

    2/7

    Overview

    -400

    -200

    0

    200

    400

    600

    800

    1000

    1200

    1400

    1600

    1800

    2000

    2200

    2010 2011 2012 2013 2014 2015

    Energy

    Metals

    Agriculture

    Sector Positioning (long term)1000 lots

    -200

    0

    200

    400

    600

    800

    1000

    Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

    Energy

    Metals

    Agriculture

    Sector Positioning (short term)1000 lots

    -6

    -5

    -4

    -3

    -2

    -1

    0

    1

    2

    3

    4

    5

    Energy Metals Grains Softs Meats

    Nominal value of net positionBillion USD

    -200

    -150

    -100

    -50

    0

    50

    100

    150

    200

    Energy Metals Grains Softs Meats

    Number of contracts (net)1000 lots

    SAXO BANK A/S | PHILIP HEYMANS ALL 15 | 2900 HELLERUP | PHONE: +45 3977 4000 | WWW.SAXOBANK.COM | CVR NR: 15 73 12 49

  • 7/25/2019 2016.02.01 Commodity Cot

    3/7

    Energy

    20

    30

    40

    50

    60

    70

    80

    90

    100

    110

    -250

    -150

    -50

    50

    150

    250

    350

    450

    01/13 07/13 01/14 07/14 01/15 07/15 01/16

    Long

    Short

    Net

    Price (rhs)

    WTI Crude Speculative Positioning (CL & WBS)(NYMEX & ICE combined)1,000 lots USD/bbl

    100

    150

    200

    250

    300

    350

    -60

    -40

    -20

    0

    20

    40

    60

    80

    100

    120

    01/13 07/13 01/14 07/14 01/15 07/15 01/16

    Long

    Short

    Net

    Price (rhs)

    RBOB Gasoline (RB)1,000 lots Cents/gal.

    50

    100

    150

    200

    250

    300

    350

    -80

    -60

    -40

    -20

    0

    20

    40

    60

    80

    01/13 07/13 01/14 07/14 01/15 07/15 01/16

    LongShort

    Net

    Price (rhs)

    NY Harb ULSD (HO)1,000 lots Cents/gal.

    1.5

    2.0

    2.5

    3.0

    3.5

    4.0

    4.5

    5.0

    5.5

    -300

    -200

    -100

    0

    100

    200

    300

    400

    500

    07/13 01/14 07/14 01/15 07/15 01/16

    Nymex NG3 NG Swaps

    Net position

    Price (rhs)

    1000 lots USD/thermNatural Gas (NG)

    SAXO BANK A/S | PHILIP HEYMANS ALL 15 | 2900 HELLERUP | PHONE: +45 3977 4000 | WWW.SAXOBANK.COM | CVR NR: 15 73 12 49

  • 7/25/2019 2016.02.01 Commodity Cot

    4/7

    Metals

    1000

    1100

    1200

    1300

    1400

    1500

    1600

    1700

    1800

    -150

    -100

    -50

    0

    50

    100

    150

    200

    01/13 07/13 01/14 07/14 01/15 07/15 01/16

    Long

    Short

    Net

    Price (rhs)

    Gold (GC)1,000 lots USD/oz

    10

    15

    20

    25

    30

    35

    -80

    -60

    -40

    -20

    0

    20

    40

    60

    80

    01/13 07/13 01/14 07/14 01/15 07/15 01/16

    Long

    Short

    Net

    Price (rhs)

    Silver (SI)1,000 lots USD/oz

    800

    900

    1000

    1100

    1200

    1300

    1400

    1500

    1600

    1700

    -30

    -20

    -10

    0

    10

    20

    30

    40

    50

    01/13 07/13 01/14 07/14 01/15 07/15 01/16

    Long

    Short

    Net

    Price (rhs)

    Platinum (PL)1,000 lots USD/oz

    450

    500

    550

    600

    650

    700

    750

    800

    850

    900

    -15

    -10

    -5

    0

    5

    10

    15

    20

    25

    30

    01/13 07/13 01/14 07/14 01/15 07/15 01/16

    Long

    Short

    Net

    Price (rhs)

    Palladium (PA)1,000 lots USD/oz

    180

    200

    220

    240

    260

    280

    300

    320

    340

    360

    380

    -80

    -60

    -40

    -20

    0

    20

    40

    60

    01/13 07/13 01/14 07/14 01/15 07/15 01/16

    Long

    Short

    Net

    Price (rhs)

    HG Copper (HG)1,000 lots Cents/lb

    SAXO BANK A/S | PHILIP HEYMANS ALL 15 | 2900 HELLERUP | PHONE: +45 3977 4000 | WWW.SAXOBANK.COM | CVR NR: 15 73 12 49

  • 7/25/2019 2016.02.01 Commodity Cot

    5/7

    Grains & oilseeds

    300

    350

    400

    450

    500

    550

    600

    650

    700

    750

    800

    -400

    -300

    -200

    -100

    0

    100

    200

    300

    400

    01/13 07/13 01/14 07/14 01/15 07/15 01/16

    Long

    Short

    Net

    Price (rhs)

    CBOT Corn (ZC)1,000 lots USD/bu.

    400

    450

    500

    550

    600

    650

    700

    750

    800

    850

    900

    -200

    -150

    -100

    -50

    0

    50

    100

    150

    01/13 07/13 01/14 07/14 01/15 07/15 01/16

    Long

    Short

    Net

    Price (rhs)

    CBOT Wheat (ZW)1,000 lots USD/bu.

    400

    450

    500

    550

    600

    650

    700

    750

    800

    850

    900

    -80

    -60

    -40

    -20

    0

    20

    40

    60

    01/13 07/13 01/14 07/14 01/15 07/15 01/16

    Long

    Short

    Net

    Price (rhs)

    KCB HRW Wheat (KE)1,000 lots USD/bu.

    800

    900

    1000

    1100

    1200

    1300

    1400

    1500

    1600

    1700

    1800

    -200

    -150

    -100

    -50

    0

    50

    100

    150

    200

    250

    01/13 07/13 01/14 07/14 01/15 07/15 01/16

    Long

    Short

    Net

    Price (rhs)

    Soybeans (ZS)1,000 lots USD/bu.

    25

    30

    35

    40

    45

    50

    55

    -150

    -100

    -50

    0

    50

    100

    01/13 07/13 01/14 07/14 01/15 07/15 01/16

    Long

    Short

    Net

    Price (rhs)

    Soybean Oil (ZL)1,000 lots USD/lb.

    250

    300

    350

    400

    450

    500

    550

    -150

    -100

    -50

    0

    50

    100

    01/13 07/13 01/14 07/14 01/15 07/15 01/16

    Long

    Short

    Net

    Price (rhs)

    Soybean Meal (ZM)1,000 lots USD/lb.

    SAXO BANK A/S | PHILIP HEYMANS ALL 15 | 2900 HELLERUP | PHONE: +45 3977 4000 | WWW.SAXOBANK.COM | CVR NR: 15 73 12 49

  • 7/25/2019 2016.02.01 Commodity Cot

    6/7

    Softs

    10

    11

    12

    13

    14

    15

    16

    17

    18

    19

    20

    -300

    -200

    -100

    0

    100

    200

    300

    01/13 07/13 01/14 07/14 01/15 07/15 01/16

    Long

    Short

    Net

    Price (rhs)

    Sugar #11 (SB)1,000 lots USD/lb.

    2000

    2200

    2400

    2600

    2800

    3000

    3200

    3400

    -60

    -40

    -20

    0

    20

    40

    60

    80

    100

    120

    01/13 07/13 01/14 07/14 01/15 07/15 01/16

    Long

    Short

    Net

    Price (rhs)

    Cocoa (CC)1,000 lots USD/lb.

    100

    120

    140

    160

    180

    200

    220

    240

    -80

    -60

    -40

    -20

    0

    20

    40

    60

    01/13 07/13 01/14 07/14 01/15 07/15 01/16

    Long

    Short

    NetPrice (rhs)

    Arabica Coffee (KC)1,000 lots USD/lb.

    50

    55

    60

    65

    70

    75

    80

    85

    90

    95

    100

    -80

    -60

    -40

    -20

    0

    20

    40

    60

    80

    100

    01/13 07/13 01/14 07/14 01/15 07/15 01/16

    LongShort

    Net

    Price (rhs)

    Cotton (CT)1,000 lots USD/lb.

    100

    110

    120

    130

    140

    150

    160

    170

    -8

    -6

    -4

    -2

    0

    2

    4

    6

    8

    10

    01/13 07/13 01/14 07/14 01/15 07/15 01/16

    Long

    Short

    Net

    Price (rhs)

    Orange Juice (OJ)1,000 lots USD/lb.

    9

    10

    11

    12

    13

    14

    15

    16

    17

    -5

    -4

    -3

    -2

    -1

    0

    1

    2

    3

    01/13 07/13 01/14 07/14 01/15 07/15 01/16

    Long

    Short

    Net

    Price (rhs)

    Rough Rice (RR)1,000 lots USD/cwt

    SAXO BANK A/S | PHILIP HEYMANS ALL 15 | 2900 HELLERUP | PHONE: +45 3977 4000 | WWW.SAXOBANK.COM | CVR NR: 15 73 12 49

  • 7/25/2019 2016.02.01 Commodity Cot

    7/7

    Livestock

    100

    110

    120

    130

    140

    150

    160

    170

    180

    -100

    -50

    0

    50

    100

    150

    01/13 07/13 01/14 07/14 01/15 07/15 01/16

    Long

    Short

    Net

    Price (rhs)

    Live Cattle (LE)1,000 lots USD/lb

    120

    140

    160

    180

    200

    220

    240

    260

    -10

    -5

    0

    5

    10

    15

    20

    01/13 07/13 01/14 07/14 01/15 07/15 01/16

    Long

    Short

    Net

    Price (rhs)

    Feeder Cattle (GF)1,000 lots USD/lb

    50

    60

    70

    80

    90

    100

    110

    120

    130

    140

    -60

    -40

    -20

    0

    20

    40

    60

    80

    100

    120

    01/13 07/13 01/14 07/14 01/15 07/15 01/16

    Long

    Short

    Net

    Price (rhs)

    Lean Hogs (HE)1,000 lots USD/lb

    SAXO BANK A/S | PHILIP HEYMANS ALL 15 | 2900 HELLERUP | PHONE: +45 3977 4000 | WWW.SAXOBANK.COM | CVR NR: 15 73 12 49