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Reversal Of Fortune In Cocoa

Reversal Of Fortune In Cocoa

March 23, 2017

May cocoa futures fell to a low of $1869 in early March, just two dollars per ton above the lowest level since 2008. In my latest work for Seeking Alpha, I explain why all the signs are present that cocoa overextended to the downside and the correction under way is likely to take the price of the primary ingredient in chocolate higher in a return to rationality over coming weeks and months.

Article: Reversal Of Fortune In Cocoa 

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