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ICE US Cocoa Futures - May 24 (CCc1)

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8,930.00 0.00    0.00%
- Delayed Data. Currency in USD ( Disclaimer )
Type:  Commodity
Group:  Agriculture
  • Prev. Close: 8,930.00
  • Open: 9,206.00
  • Day's Range: 8,930.00 - 9,206.00
US Cocoa 8,930.00 0.00 0.00%

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US Cocoa Futures Discussions

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Sukhjeet Singh
Sukhjeet Singh 1 hour ago
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Production is just 10% less this year.. Price is up more than 200%. Every shop in eu and usa full with chocolate..... Its just traders. You will price like cumin seeds in Indian market
Reggie Mei
Reggie Mei 8 hours ago
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Professional traders would never get on here and post anything. I’m NOT a professional trader, so please don’t take what I wrote. ICE exchange increased initial margins on cocoa futures by 23% per contract in April. The only reason for ICE to do this is to limit the speculators and lower the volatility. So big dog speculators quit cause ICE created a hostile environment for them, which ended up with the plunge. Current aggregate Cocoa Futures Open Interest is only 139 K. The lowest since 2011, and it keeps shrinking. Big dog speculators are the major reason driving the price high, but now they quit and left their followers alone. The Longs lost their engine.
Brad Sherwood
Brad Sherwood 4 hours ago
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I can still see 15 and 20k in the future. However I said this before : "More likely, it will retrace to that 5104 peak in Jul 77 before it ever attempts those targets." and "But for you bears, if it does take a dive, it will most likely be triggered by something ICE does."
Winifrida Kamwambe
Winifrida Kamwambe 8 hours ago
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tatizo ni nini sana mbona zimeshuka kwa Kasi sana
Eddy Rosa
Eddy Rosa 9 hours ago
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told you all to get out
Tiago Rodrigues
Tiago Rodrigues 10 hours ago
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10k when? Maybe EOW?
International Khiladi
International Khiladi 9 hours ago
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Never
Jiake C
Jiake C 11 hours ago
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may copy 1977 , Alert
Hubert Krajewski
Hubert Krajewski 11 hours ago
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I think now is the bottom floor for long
Scott Ross
Scott Ross 11 hours ago
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Wrong. It will retrace 50% of the move. Headed towards 6200. Sell rallies to 8700
Hubert Krajewski
Hubert Krajewski 11 hours ago
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It might but first i see long to about 9k
Rui Miguel
Rui Miguel 11 hours ago
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yes, the m30 looks like a perfect double bottom... unless it dips deeper. But, it doesn't make any sense because ... supply is nowhere in sight till EOY.
Florent Greard
Florent Greard 11 hours ago
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what do you expect for tomorow guys ?
Max Maker
Max Maker 11 hours ago
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Never a good sign that its closing near yesterdays low.. FED tonight may shake this one up pretty bad if Powell is hawkish but remains to see still, still unfinished business at that gap 10700, it will come but question is just when. Remains to see when it opens tomorrow!
Mert Sevinc
Mert Sevinc 11 hours ago
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Another fall
International Khiladi
International Khiladi 12 hours ago
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Closed short 8200 from 8900. No need to wait for tgt 7900.🎯 tomorrow another day
Tiago Rodrigues
Tiago Rodrigues 12 hours ago
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Tomorrow above 9500! Lets go!
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Rui Miguel
Rui Miguel 11 hours ago
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looks like it, although fundamentals stay bullish, what do you think is the real price now?
International Khiladi
International Khiladi 11 hours ago
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I think it will settle there from where it started. 3000-3500
Rui Miguel
Rui Miguel 11 hours ago
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3000-3500?! OMG, how sure are you about that?
Florent Greard
Florent Greard 11 hours ago
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there is no way
International Khiladi
International Khiladi 11 hours ago
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I am not sure but expecting. Although if 7800 hold then it can go up to 10k again but today daily candle suggesting it will easily breakdown
 
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