What unfolded in the cocoa market between early 2024 and December of that year was, by any measure, one of the most extraordinary commodity rallies in modern market history—and one that retail traders would do well to study as a textbook case of supply-shock-driven parabolic pricing. The December 2024 record high of $12,931 per ton […]
Cocoa Prices Slide on Supply–Demand Imbalance
Today is a public holiday in both the United States and Canada, and markets in China will remain closed for the entire week. The macroeconomic calendar is light, aside from the already released and disappointing Japanese GDP data. More broadly, markets are reopening in a subdued and lethargic tone following the weekend. Against this backdrop, […]
