Cocoa Prices

Introduction: In the world of commodity investing, few stories are as compelling as the one currently unfolding in the cocoa market. Cocoa, the key ingredient in our beloved chocolate, has been facing a series of challenges, and the latest twist in the tale comes in the form of El Nino. In this blog post, we’ll explore why cocoa may have more upside potential ahead, driven by the looming El Nino event and its potential impact on global production. El Nino’s Return: El Nino, a climate phenomenon known for its disruptive…

Cocoa, an indispensable commodity and the vital ingredient behind our favorite chocolate products, has been experiencing an unprecedented whirlwind in the markets. The week began with a rally of $120 early Monday, reaching a 12 1/2 year high, only to be followed by a sharp $280 drop through mid-session Tuesday, leading to its four-week low early Friday. This article aims to provide a comprehensive outlook on cocoa’s supply landscape, which appears to be tightening in the wake of multiple influences, both macro and micro. Let’s explore the contributing factors in…

Chocoholics brace yourselves; chocolate is about to become significantly more expensive. With the gustatory key ingredient, cocoa, trading at its highest level in almost forty years, the sweet indulgence that has long been considered an affordable luxury is taking a hit. This escalation is fuelled by strong demand, a global shortfall in cocoa production, and adverse weather predictions in West Africa – the largest cocoa-producing region in the world. Benchmark cocoa futures prices in London have surged by over 32% this year, making cocoa one of the world’s best investments…