Cocoa

[winston]

Cocoa plunges most ever with trader exodus sparking huge moves

By Mumbi Gitau

Despite the recent pullback, the price of cocoa has roughly doubled since the start of the year.

(April 30): Cocoa plunged by the most ever, slumping as much as 27% in just two days, with price swings becoming more extreme as fewer investors and companies can afford to maintain trading positions.

Source: Bloomberg

https://theedgemalaysia.com/node/709963

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