🏭I will explain why new $COCOA.FUT demand data sets was a game changer.
In q4 cocoa for first time fell bellow 5 thousand and the price stayed low for a good time. We all expected grindings to be better, so that companies have chance to fill up storage. They dont know how fast market will end the cocoa bubble, so they can stall purchases later on. But even at this price grindings were down. Even that US +0,3% turned out to be caused by one grinder to be taken out from data.... Show More
Ok, so ... ? What do you think about the trend ? Good time to buy or too early, still bearish ?
Who knows ... Show More
2 replies
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