Cocoa Futures Is 28% Up In The Last 21 Sessions

(VIANEWS) – Cocoa (CC) has been up by 28.17% for the last 21 sessions. At 05:52 EST on Thursday, 20 June, Cocoa (CC) is $9,240.00.


Today’s last reported volume for Cocoa is 1008, 99.98% below its average volume of 9876632.66.


Cocoa’s last week, last month’s, and last quarter’s current intraday variation average was a negative 0.29%, a positive 0.82%, and a positive 1.83%, respectively.

Cocoa’s highest amplitude of average volatility was 2.15% (last week), 1.65% (last month), and 1.83% (last quarter), respectively.

Commodity Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Cocoa’s commodity is considered to be oversold (<=20).

News about

  • Crude oil shrugs off API stocks buildup, etches in another gain on Tuesday. According to FXStreet on Tuesday, 18 June, "Geopolitical turmoil continues to attack a fear premium to Crude Oil markets after a Ukranian drone strike successfully ignited a Russian fuel tank facility this week, and Israel-Palestinian tensions continue to simmer. ", "Coupled with ambiguous hopes of a summertime uptick in demand, energy markets are shrugging off bearish factors, like US Crude Oil overproduction and disappointing Chinese demand figures last week."
  • Crude oil continues to prove resilient – TDS. According to FXStreet on Wednesday, 19 June, "Upside momentum firming and Commodity Trading Advisors (CTAs) in Crude Oil remain on the bid, TDS commodity strategists note."
  • According to FXStreet on Wednesday, 19 June, "Going forward, the next trigger for the Oil price will be Energy Information Administration (EIA) Crude Oil Stocks Change data for the week ending June 14, which will be published on Thursday due to a holiday in US markets on account of Juneteenth."

More news about Cocoa (CC).

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