Cocoa Futures Went Down By Over 5% In The Last 10 Sessions

(VIANEWS) – Cocoa (CC) has been up by 5.59% for the last 10 sessions. At 08:51 EST on Friday, 11 October, Cocoa (CC) is $7,835.00.

Volume

Today’s last reported volume for Cocoa is 2817, 99.96% below its average volume of 9059218.48.

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 finds support after hurtful two-day price action. According to FXStreet on Thursday, 10 October, "At the time of writing, Crude Oil (WTI) trades at $73.60 and Brent Crude at $77.23"
  • Crude oil finds support as market focus shifts back to supply. According to FXStreet on Wednesday, 9 October, "At the time of writing, Crude Oil (WTI) trades at $71.43and Brent Crude at $75.32"
  • According to FXStreet on Friday, 11 October, "Nevertheless, Crude Oil prices remain on track to register gains for the second straight week. ", "Apart from this, worries about supply disruptions caused by Hurricane Milton in the United States (US), along with the upbeat demand outlook, further lend support to Crude Oil prices."

More news about Cocoa (CC).

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