Cocoa Prices Surge: Citigroup's Surplus Estimate Cut and Bloomberg Commodity Index Inclusion
Автор: Shared Horizon Network
Загружено: 2025-12-16
Просмотров: 1
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The cocoa market is experiencing a significant rebound! In this video, we explore the reasons behind the sudden price surge. Citigroup's decision to slash its global cocoa surplus estimate for 2025/26 has sent ripples through the market, causing a sharp increase in cocoa prices. Additionally, the upcoming inclusion of NY cocoa futures in the Bloomberg Commodity Index (BCOM) is expected to attract substantial investments.
We delve into the latest developments, including the impact of shrinking ICE cocoa inventories and the potential buying spree by passive commodity funds. With cocoa prices hitting 5-week highs, this video provides valuable insights for investors and anyone interested in the cocoa market's dynamics.
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