Cocoa Cash Contract

Over optimism with Cocoa harvest?

340
Cocoa pods usually take 5–7 months to mature. Over the past six months, conditions have been relatively dry, yet some cocoa-related news seems to overlook this factor and overlook the recent weeks rain. I’m closely watching how this will affect the upcoming harvest. In my view, current price levels don’t reflect the impact of these conditions and due to thet, giving a bullish signal.

2024/2025 Mid-harvest estimates were too optimistic, as an example in Ivory Coast +9% compared to the actual. The key question is whether this pattern of over-optimism is repeating.

면책사항

해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.