Cocoa is currently on bearish momentum. At 12:00 EST on Tuesday, 29 December, Cocoa is at $2,508.00 and 2.03% down since the last session’s close.
Cocoa is 1.647% down from its last session low of $2,550.00 and 3.687% down from its last session high of $2,604.00.
Cocoa is 3.69% down from its last three sessions higher value of $2,604.00 and is 0.63% down from its last three sessions lower value of $2,524.00.
Cocoa is 3.69% down from its last seven sessions higher value of $2,604.00 and is 2.83% up from its last seven sessions lower value of $2,439.00.
Cocoa is 16.62% down from its last month’s higher value of $3,008.00 and is 2.83% 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 positive 0.12%, a positive 0.71%, and a negative 1.96%, respectively.
Cocoa’s last day, last week, and last month’s high and low average amplitude percentage was 2.12%, 3.10%, and 1.50%, respectively.
Last news about Cocoa
Warren buffett swapped stock for cocoa in the 1950s. here's the story of the billionaire investor's chocolate arbitrage.. According to Business Insider on Sat Dec 26, "The confectioner then offered to buy back its stock from investors in return for cocoa beans, at an exchange rate of 80 pounds per share. ", "When Buffett inquired about Pritzker’s cocoa-for-stock program at Rockwood, he was only looking to make a quick buck. "