Friday, May 1, 2026
Search

Cocoa Futures Falls By 9% In The Last 10 Sessions

ViaNews Editorial Team

October 9, 2024

Cocoa Futures Falls By 9% In The Last 10 Sessions
Loading stream...

(VIANEWS) - Cocoa (CC) has been up by 9.55% for the last 10 sessions. At 05:53 EST on Wednesday, 9 October, Cocoa (CC) is $7,219.00.

Volume

Today's last reported volume for Cocoa is 582, 99.99% below its average volume of 9130378.66.

Volatility

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 faces profit-taking after Israel’s response remains muted. According to FXStreet on Tuesday, 8 October, "At the time of writing, Crude Oil (WTI) trades at $75.03 and Brent Crude at $79.05"
  • According to FXStreet on Monday, 7 October, "Markets are bracing for an escalation in the newly-sparked conflict between Iran and Israel; commodity investors are worried that Israel is set to lash out at Iran and strike Iran's Crude Oil industry, a move that could send global energy prices soaring. ", "Chevron (CVX) rose one-third of one percent, as the fuels provider benefits from rapidly-accelerating Crude Oil prices. "

More news about Cocoa (CC).

ViaNews Editorial Team

Via News Editorial Team delivers comprehensive financial news coverage and market analysis from journalists around the world. Our team specializes in data journalism and in-depth reporting on stock markets, business developments, and economic trends.