Cocoa Futures Rises By 3% In The Last 10 Sessions

(VIANEWS) – Cocoa (CC) has been up by 3.73% for the last 10 sessions. At 05:50 EST on Tuesday, 11 June, Cocoa (CC) is $8,932.00.


Today’s last reported volume for Cocoa is 1464, 99.98% below its average volume of 9971906.09.


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

  • According to FXStreet on Monday, 10 June, "At the time of writing, Crude Oil (WTI) trades at $75.54 and Brent Crude at $79.80"
  • Crude oil extends recovery on renewed supply hopes, WTI breaches $77.50. According to FXStreet on Monday, 10 June, "OPEC and its consortium have been limiting output through 2023 and 2024 in an effort to stem the tide of global overcapacity, but crimped output limits have been hitting OPEC+ nations in their government budgets, which rely on Crude Oil sales to balance their books.", "The API dishes out their latest Weekly Crude Oil Stocks for the week ended July 7 on Tuesday, followed by the EIA’s Crude Oil Stocks Change for the same period on Wednesday."
  • According to FXStreet on Tuesday, 11 June, " Meanwhile, Crude Oil prices edge lower as OPEC ministers said that they would not increase supply if prices remained weak. "

More news about Cocoa (CC).

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