(VIANEWS) – Cocoa (CC) has been up by 19.86% for the last 10 sessions. At 05:54 EST on Tuesday, 4 June, Cocoa (CC) is $8,641.00.
Volume
Today’s last reported volume for Cocoa is 567, 99.99% below its average volume of 10004071.06.
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
- According to FXStreet on Monday, 3 June, "At the time of writing, Crude Oil (WTI) trades at $76.95 and Brent Crude at $81.20."
- Crude oil extends declines after opec+ disappoints barrel traders, WTI tests $74. According to FXStreet on Monday, 3 June, "Last week’s updates showed a sharp pullback in Crude Oil supplies, but inventories in upstream refined Crude Oil products spiked after a widely-expected uptick in US Crude Oil demand at the beginning of the Memorial Day driving season failed to materialize, leaving refineries with far more inventory than expected.", "However, key members of OPEC+ who rely on selling Crude Oil in order to balance their government budgets have balked at the idea of continuing to support global prices at the expense of their solvency, and are set to begin phasing out currently-standing production limits sometime in October. "
More news about Cocoa (CC).
