Cocoa is currently on bearish momentum. At 13:15 EST on Friday, 22 January, Cocoa is at $2,525.00 and 0.98% down since the last session’s close.
Cocoa is 0.473% down from its last session low of $2,537.00 and 1.866% down from its last session high of $2,573.00.
Cocoa is 3.77% down from its last three sessions higher value of $2,624.00 and is 0.16% up from its last three sessions lower value of $2,521.00.
Cocoa is 3.77% down from its last seven sessions higher value of $2,624.00 and is 2.52% up from its last seven sessions lower value of $2,463.00.
Cocoa is 5.11% down from its last month’s higher value of $2,661.00 and is 3.53% up from its last month’s lower value of $2,439.00.
Cocoa’s last day, last week, and last month’s average volatility was a negative 0.75%, a positive 0.58%, and a positive 0.15%, respectively.
Cocoa’s last day, last week, and last month’s high and low average amplitude percentage was 1.42%, 2.30%, and 2.72%, respectively.
Last news about Cocoa
Chocolate war leaves world’s top cocoa producer stuck with beans. According to Bloomberg Quint on Wednesday, 20 January, "The average West African grower farms no more than 3.5 hectares and supports six to eight family members, according to the World Cocoa Foundation industry group. ", "The strategy, recounted in the book "La Guerre du Cacao," or "The Cocoa War," backfired, and prices more than halved during the 18-month ban."