Cocoa is currently on bearish momentum. At 13:00 EST on Tuesday, 29 December, Cocoa is at $2,506.00 and 2.11% down since the last session’s close.
Cocoa is 1.725% down from its last session low of $2,550.00 and 3.763% down from its last session high of $2,604.00.
Cocoa is 3.76% down from its last three sessions higher value of $2,604.00 and is 0.71% down from its last three sessions lower value of $2,524.00.
Cocoa is 3.76% down from its last seven sessions higher value of $2,604.00 and is 2.75% up from its last seven sessions lower value of $2,439.00.
Cocoa is 16.69% down from its last month’s higher value of $3,008.00 and is 2.75% 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 billionaire investor and Berkshire Hathaway CEO combined those two passions in 1954 – not by hoarding chocolate coins, but by taking advantage of an arbitrage opportunity involving cocoa beans.", ""The original corporation that is Marmon, I’m quite sure, is Rockwood & Company, which I did a cocoa arbitrage with back in 1955 or something, and that’s where I met Jay Pritzker," Buffett said at Berkshire’s shareholder meeting in 2014. "