Cocoa Prices Skyrocket on Major Index Inclusion News
Cocoa prices surged over 6% following news of its inclusion in the Bloomberg Commodity Index, which is expected to drive $1.9 billion in new investment.
#Cocoa#Commodities#Market Analysis
#Cocoa
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Cocoa Market Faces Tug-of-War as Supply Fears Meet Weak Demand
The global cocoa market is at a crossroads, with record-low inventories and supply fears clashing with falling consumer demand for chocolate due to high prices.
#Cocoa#Commodities#Supply Chain
Cocoa Prices Hit 20-Month Low on Supply and Demand Concerns
Cocoa prices have fallen to a 20-month low, driven by expectations of increased supply from West Africa and signs of weakening global demand for chocolate.
#Cocoa#Commodities#Agricultural Markets
Cocoa Prices Fall to Multi-Month Lows on Supply and Demand
Cocoa prices fell to multi-month lows, with NY futures hitting an 11-month low, driven by a surge in supply from Ghana and weakening global chocolate demand.
#Cocoa#Commodities#Ghana