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Vol/OI: —
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Via research relay · USD
Server relay
Resistance (R1)
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Pivot (P)
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Support (S1)
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ATR (daily)
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Algo-generated · no narrative spin
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Macro & Cross-Asset Radar
Gold/Silver ratio
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55
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100
3:2:1 crack spread
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2 RB : 1 HO : 3 CL (per bbl)
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Refinery utilisation —
Copper/Gold ratio
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1.0
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2.5
Trend breadth (20D channel > 50% & 5D positive)
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0%
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100%
Global commodities multi-horizon board
Settle basis: CME/ICE daily settle (times vary by product) · CN red-up / green-down
Vol/OI uses volume and open interest from the same trading date. — means OI unavailable, not zero. See each instrument's tooltip for status and as-of date; delays depend on the source.
| Symbol / Name | Last | Day % | 5D % | 20D % | Vol/OI | 20D channel | Action |
|---|---|---|---|---|---|---|---|
| Position & multi-horizon loading… | |||||||
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Global vs China Parity
USD/CNH --
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Method: China futures are quoted VAT-inclusive, so we first strip VAT (metals, iron ore, sugar 13%; grains, oilseeds, cotton 9%; gold and INE crude are VAT-free; iron ore also converted wet → dry at 8% moisture), then convert to the global unit via USD/CNH (offshore) and contract units. Copper and aluminium/zinc are compared with LME 3M, INE crude with Brent. Positive premium means China is above landed parity before duties and freight (import arbitrage window open). Negative means China is cheaper (import loss / export window). In-quota tariffs are included for corn/cotton/sugar (out-of-quota rates and freight excluded) — for relative strength only.
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