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ICE US Cocoa Futures - Jul 24 (CCc1)

ICE
Currency in USD
Disclaimer
7,318.00
+102.00(+1.41%)
Delayed Data

US Cocoa Futures Discussions

Buy? Answer Yes or dont answer at all. Im thinking on closing my buying tra. From earlier.
Im long already as the facts Are how they are
Hmmmmm....
Hm what ahah?
power slot
Pan jan only knows how to make rubbish comments..always the same comment..nothing constructive since your 15k was not reached!
*5m wolfe wave* is not a risk management process.
What is a risk management process?
It takes a single brain cell to Google that.
Are your articles on Google? wow
5m wolfe wave passed the apex, it's officially dead, price keeps going down from here. Bulls had their chance and missed it.
so much for the weather. they predict drought and cocoa down
GeroPal what are you doing? comment to destabilize?
no my little soccer star. I'm just asking
tiago is out. buy signal. next stop 9k
Then big short after. Booyah lol
Tiago btw do you know Christiano Ronaldo ?
Now to 8k eow :P
6300
Saai forget 9.5 in 8 days lol..your numbers are wrong
Ok! Im out
No way!!
this is bullshit
Im long for the medium term, the demand is still mutch bigger als the supply but thats for medium and long term. No idea what will happen in short term.
buy or sell ?
I´d say sell... still ridiculously expensive. cocoa suppliers have been holding their cocoa beans, pretending there stock is low, to sell it at a higher price, governments are now going after them. Plus the weather forecast seams good for the near future. But hey! its only me saying... My bias is short - who knows if I'm right?! Good luck :)
Deliveries for the expired May London cocoa contract came in at 53,100 MT.  While that was lower than the 67,350 MT during the same period last year, it shows that European cocoa supplies may not be as tight as earlier feared.so that will hanging around 7000---8000 for a while.
Thank god, sold at today’s high. Now just sit back and relax for new SP. 🧘
Meant, sold at today’s “low”
8000+ coming
Wow Are you saying it will go above 8k?
Turn green please. Lets go cocoa
7283 i talked about this morning reached almost on the cent.. Should have widen that SL a little bit but everybody is smart after the fact.. :)
It was my tp minutes ago
GJ
Im sure it will come back to 10 000 + soon. Nothing has changed on the fakts. Less supply and growing demand. There some trades doing on to move the market but in the Medium term it will Go up
The speculators have moved on. You won't see 10000 anytime soon. The fundamentals will keep it up around 7000
challenge accepted!
challenge accepted
I Hope we see the Botton in the next time and come back to 8.500 - 9.000. In this range I see a possibility for fair trade... and the possibility to renew the farms ...
i believe in you, but i hope to see +9000 again
US Cocoa Apr 29, 2024 11:18AM ET The spreads say the market has peaked. Last week the back months made new highs while the May and July contracts failed. Scott we was going down 29 April ;)
Scott on April 29 we were already falling down ;)
Soon
so even you think we'll go up :O
I don't understand this steep price decline... fundamentally nothing has changed - increasing demand - decreasing supply... OK the peaks were exaggerated and need to be corrected... but so much downward pressure is incomprehensible... it was once foreseeable that the cocoa farmers are paid more fairly and then something like that... irresponsible... Now the theft and the black market are getting the upper hand again... it's not going well for the farmers...
The price was raised by fundamentals, but speculators jumped on board. Now the speculators have moved on and price now looking to stabilise around 7000
I hope so Tim.... the farmers need every Dollar ... and the profits from Mondelez (Milka), Spüngli or Nestle are high enough...
...
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