Sun, Jan 25, 2015
A A A
Welcome preal121
RSS

Commodities Briefing - Categorized | Agriculture, Commentaries, Investment, Market Pulse more

Cocoa: The last commodity standing

Posted on 30 December 2008

From Hardassetsinvestor.com: Back in February of 2008, tight supplies were forecast in the cocoa market, along with higher prices. Analysts called for a 14% rise in cocoa prices in the U.S., which would have pushed prices up to $2,325/tonne.

They underestimated the move: Despite the broader pullback in financial markets, cocoa in NY was sitting at $2,626/tonne on Friday, December 26. If NY cocoa hangs tight, it could end the year some 30% up - an outstanding performance given the other pricing trends in commodities right now….. Full Article: Source


 Article link

This post was written by:

VRS - who has written 38939 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
banner
January 2015
S M T W T F S
« Dec    
 123
45678910
11121314151617
18192021222324
25262728293031