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Statements of Financial Condition - USD ($)
Dec. 31, 2019
Dec. 31, 2018
Assets    
Cash and cash equivalents (at cost $45,166,882 and $42,728,472, respectively) (Notes 2 and 5) $ 45,166,882 $ 42,728,472
Equity in trading accounts:    
Cash and cash equivalents (at cost $6,440,093 and $24,000,253, respectively) 6,440,093 24,000,253
Unrealized gain (loss) on open commodity futures contracts 3,602,591 (15,772,193)
Dividends receivable 12,950 895
Interest receivable 6,320 1,164
Prepaid insurance 1,441 1,432
Total assets 55,230,277 50,960,023
Liabilities and Partners' Capital    
General Partner management fees payable (Note 3) 28,094 27,633
Professional fees payable 119,417 127,321
Brokerage commissions payable 3,422 3,422
Directors' fees payable 1,953 1,803
License fees payable 352 1,214
Total liabilities 153,238 161,393
Commitments and Contingencies (Notes 3, 4 and 5)
Partners' Capital    
General Partner 0 0
Limited Partners 55,077,039 50,798,630
Total Partners' Capital 55,077,039 50,798,630
Total liabilities and partners' capital $ 55,230,277 $ 50,960,023
Limited Partners' shares outstanding 2,400,000 2,850,000
Net asset value per share $ 22.95 $ 17.82
Market value per share $ 22.99 $ 17.96