Huge Cocoa Correction Ahead?
Cocoa prices face a strong risk of correction back to $10,000 as bearish fundamentals stack up:
Supply Surge Ignored
Ivory Coast port arrivals are up 33% from last season, signaling a significant increase in supply from the world’s largest producer.
Demand Destruction at High Prices
All-time high prices are forcing buyers to scale back purchases or delay deals.
Economic slowdowns and weaker spending on luxury products like chocolate further reduce demand.
Liquidity Crunch in Physical Markets
Massive liquidity issues, including payment delays and a lack of new purchase deals, reflect stress in the cocoa trade and could lead to lower prices.
Profit-Taking and Market Correction
Cocoa prices appear overbought, increasing the risk of speculative profit-taking and a market pullback.
Ghana’s Supply-Boosting Reforms
Ghana’s President-elect plans to revamp the cocoa sector and improve production efficiency, which could add to future supply.
Stronger U.S. Dollar
A stronger USD makes cocoa more expensive for international buyers, reducing demand and putting pressure on prices.
Soft Commodities Correction
Coffee and sugar prices are already correcting, suggesting cocoa may be next in line as markets tend to move together during broader pullbacks.
Supply Surge Ignored
Ivory Coast port arrivals are up 33% from last season, signaling a significant increase in supply from the world’s largest producer.
Demand Destruction at High Prices
All-time high prices are forcing buyers to scale back purchases or delay deals.
Economic slowdowns and weaker spending on luxury products like chocolate further reduce demand.
Liquidity Crunch in Physical Markets
Massive liquidity issues, including payment delays and a lack of new purchase deals, reflect stress in the cocoa trade and could lead to lower prices.
Profit-Taking and Market Correction
Cocoa prices appear overbought, increasing the risk of speculative profit-taking and a market pullback.
Ghana’s Supply-Boosting Reforms
Ghana’s President-elect plans to revamp the cocoa sector and improve production efficiency, which could add to future supply.
Stronger U.S. Dollar
A stronger USD makes cocoa more expensive for international buyers, reducing demand and putting pressure on prices.
Soft Commodities Correction
Coffee and sugar prices are already correcting, suggesting cocoa may be next in line as markets tend to move together during broader pullbacks.
İşlem aktif
Stop Loss triggered. We're actively monitoring the market for the next entry opportunity. A higher price could set up an even better position for future sell trades.İşlem kapandı: hedefe ulaştı
The price has finally started going in the right direction , enjoy the ride! Not
Still having the trade open , more downside expected. Not
The trade is running on a very nice profit. We are monitoring it closely and looking to move our Stop Loss to a positive level and let the trade run. Not
Trade is close to TP level , adjusting positive Stop Loss at an even better level. Not
We closed the trade today. I have posted new analyis expecting the price to increase.
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Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Seizing Opportunities, Maximizing Returns. With 7+ years of experience, we provide accurate insights and trading signals.
💹 Free daily signals & analysis
💹 Expert strategies & updates
Join now: t.me/valchevfinance
💹 Free daily signals & analysis
💹 Expert strategies & updates
Join now: t.me/valchevfinance
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.