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Cocoa Looks Ugly Again- Is That A Reason To Load Up?

Cocoa Looks Ugly Again- Is That A Reason To Load Up?

December 28, 2017

Cocoa recently plunged once again and traded at the $1800 level on ICE March futures after recovering to over $2200 per ton in November. In my latest article for Seeking Alpha, I explain why cocoa could once again be in the buy zone and how the recent selling could have been a liquidation by the world’s most infamous cocoa trader as he closed his fund.

Article: Cocoa Looks Ugly Again- Is That A Reason To Load Up?

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