US Cocoa (CCU6)

Currency in USD
5,133.50
-113.50(-2.16%)
Real-time Data·

US Cocoa Futures Discussions

why down?
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Read chart
Pr Si help me
looks it will go down untill next bullish news with autumn harvest forecast
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It is going to 4000
3000
It went to lowest of whole day and now pump right back up? Jewish tricks?
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I just entered short
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COCOA As expected, the September cocoa contract has extended the uptrend again today with US cocoa prices reaching the highest level since a major gap down trade in January. The London cocoa market is also confirming the extension of the bull case with a five month high, and cocoa traders in London continue to price in significantly lower 26/27 West African main crop output. In other words, El Niño bullish fever continues to dominate the trade, and the September contract appears to be on track to regain $5500.
What do you think will happen to the price today?
Still holding the large may 2027 futures position I bought for 3500. TP still 14000 on this exact thesis.
congrats!
why down now?
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Cocoa prices extended their two-week rally on Wednesday, soaring to 5-month highs. Cocoa prices are supported by heavy rains in the Ivory Coast, which have flooded roads and cut off farmers’ access to farms and ports, threatening global supplies. Excessive moisture also increases the risk of brown rot disease on cocoa trees, reducing yields and jeopardizing the harvest.
Yup i saw that news
I like the uprise so far but it can be better, road to 6k 📈
6000 is the target
just run... please
2k level in 4 month
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6k is the citi forecast, so first we will hit 6k. They correctly did also 5 k
Considering El Niño situation what would be the target 8000 or even higher ??
Citi Raises Cocoa Price Outlook As ‘Super El Niño’ Threat Puts Latin American Producers On Alert Analysis: Key cocoa suppliers tell CocoaRadar they are preparing for heightened risks from drought, excessive rainfall and disease pressure as market prepares to weather the storm
Please explain
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here we go again
What u meant to say? It will drop and then up??
Tariffs hormuz?? Fertilizers are going to get even more expensive...
5,2k this week?
The price can reach above 5000 because only the end users know why they are buying now, the stock available to buyers is limited.
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Anyone who says that its going above 5000 is delusional and doesnt know how to read charts at all
5020 today
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Maybe we close around 5000 but its not going above much unless the buy is confirmed which is not right now so anyone saying 5000+ is trolling
After a great fall with serious debt cocoa rises again
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Nah
5k :)
this will break 5,5k end of this week
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