Cocoa prices are rising sharply once again, gaining 2.7% on Tuesday. Prices are up nearly 15% over the past 2 months, partly on the back of stronger British pound as a large portion of the commodity is sold in this currency. Technically market faces a resistance zone around $2550.
Morning Wrap: Russian Oil with a 30-Day Purchase Permit
Cattle futures fall amid JBS plant strike, rising corn and Middle East 📌
Morning Wrap: Conflict Escalation Pushes Oil to $100 (12.03.2025)
Daily summary: Oil still pressures Wall Street despite favorable CPI data 🗽