which sparked long liquidation pressure in cocoa futures after the sharp rally seen earlier this week. However, losses in London cocoa were limited after the British pound (^GBPUSD) fell to a 2 ...
Another way to invest in cocoa is through futures-based exchange-traded products that you can buy like stocks without all the ...
UNCTAD highlighted the fact that for the first time cocoa futures price hit a record $10,000 per metric tonne. “Extreme weather and changing climate patterns have upended crop harvests ...
You may notice that the taste of chocolates on Halloween this time is slightly different; less chocolatey and some even more sugary. Chocolate makers collectively this year admit that they reduce ...
For investors, however, there are ways that cocoa can sweeten a portfolio, whether it be through equities or futures. Here’s what you need to know about investing in cocoa: — Why are cocoa ...
Cocoa production in Nigeria is projected to increase by as much as 10% on the back of elevated cocoa prices in the international market in the last one year. The AFEX 2024 wet season report states ...
Cocoa futures in London extended gains as heavy rains in top grower Ivory Coast hamper the new season harvest and the delivery of beans to ports, the latest threat to global supplies. “The rains ...
Cocoa futures fell to the lowest in two weeks as a pickup in deliveries of beans to ports in Ivory Coast, the world’s biggest grower, helped ease tight supplies. Bean arrivals at ports in the ...
Cocoa futures (CC1:COM) extended their losses to a fifth-trading session on Friday, with prices down -2.34% to $6,574.97 per tonne amid easing supply concerns in West Africa, while energy and ...
Thursday closed down -57 (-0.77%), and December ICE London cocoa #7 (CAZ24) closed down -13 (-0.22%). Cocoa prices Thursday fell back from 1-week highs and settled lower after the dollar index (DXY00) ...
The current market price for cocoa stands at $5,388.00 per tonne. This pricing is primarily influenced by commodity futures markets in New York and London, which are driven by the dynamics of ...