Cocoa Futures Bullish Momentum With A 19% Jump In The Last 21 Sessions

(VIANEWS) – Cocoa (CC) has been up by 19.41% for the last 21 sessions. At 16:52 EST on Friday, 10 November, Cocoa (CC) is $4,011.00.

Volume

Today’s last reported volume for Cocoa is 4641, 99.96% below its average volume of 11700991.53.

Volatility

Cocoa’s last week, last month’s, and last quarter’s current intraday variation average was 0.99%, 0.86%, and 1.61%, respectively.

Cocoa’s highest amplitude of average volatility was 1.06% (last week), 1.16% (last month), and 1.61% (last quarter), respectively.

News about

  • Crude oil falling back, WTI hits $75. According to FXStreet on Wednesday, 8 November, "West Texas Intermediate (WTI) Crude Oil barrels are getting knocked back heading into the mid-week, testing the $75.00/barrel region as the narrative of global Crude Oil undersupply runs up against hard data suggesting the recent slump in barrel availability is to have much less impact than initially expected.", "US Crude Oil stocks soared by almost 12million barrels last week according to numbers fromthe American Petroleum Institute (API). "
  • Crude oil forecast: gets hit by upcoming recession – 08 November 2023. According to DailyForex on Wednesday, 8 November, "Looking at the West Texas Intermediate Crude Oil market, it initially faced significant downward pressure but displayed signs of life near the $79 mark. "

More news about Cocoa (CC).

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