Cocoa tracker?

[jdenhaan]

Hi all,

The price of Cocoa is rather low at the moment, so I'm looking to get some mid-term exposure. Since futures and CFDs scare me, I'm wondering if there's a good ETF available to get longer term exposure to the price without getting too exposed to intraday fluctuations?

 

[peter2]

Here's a link that discusses two cocoa ETNs.

http://commodityhq.com/investing-ideas/which-cocoa-etf-is-right-for-you-nib-vs-choc/

You should also be aware of the differences between an ETN and an ETF.
Investopedia will help.

 

[Trembling Hand]

Since futures and CFDs scare me,

Why?

 

[skc]

Stock up on chocolate?

 

[Joules MM1]

Hi all,

The price of Cocoa is rather low at the moment, so I'm looking to get some mid-term exposure. Since futures and CFDs scare me, I'm wondering if there's a good ETF available to get longer term exposure to the price without getting too exposed to intraday fluctuations?

http://etfdb.com/type/commodity/softs/

 

[Joules MM1]

Stock up on chocolate?

c'mon, fess up ......being coy wont bag any

i know what's keeping me with the bid (since the swing down friday in the US connie)

.....what's making you see the bid side ?

 

[stevo2]

Hi all,
The price of Cocoa is rather low at the moment, so I'm looking to get some mid-term exposure.

Hi JD
What is "rather low", and when did it become "rather low"?
Does that mean your a buyer because it might go up, or are you going to short it because it might continue down lower?
cheers ian

 

[skc]

c'mon, fess up ......being coy wont bag any

i know what's keeping me with the bid (since the swing down friday in the US connie)

.....what's making you see the bid side ?

Sorry to disappoint you but it was just a senseless joke.

I am currently altering my plans to become a comedian...

 

[peter2]

Cocoa hasn't bottomed yet, but it's got to be close.

 

[peter2]

Cocoa prices bounced off a low and have been on a "tear" today (right now). I'm annoyed that I missed this. Don't check a chart regularly and this will happen. For me, the signal bar was two days ago, the bullish bar after the tiny red doji. The "trade" has already hit my +2R target level.



Note: I've already eaten the bars of chocolate I bought as a long term investment.

 

[Joules MM1]

cocoa (US) close to a nearterm swing low, likely rotation to eyeball 2200 zone then new lower lows to end the bear cycle, the whole deal taking a few quarters to complete

(as this was last weeks look it's from a study pov)

 

[peter2]

An update on the Cocoa market. Weekly chart of futures contract.
Price went sideways for a while, faked out the bulls, then faked out the bears before booming higher (+25%). The OP alerted us to this market. I must admit to watching the price action with my month agog.

 

[noirua]

Stock up on chocolate?

Here is your chance to stock up on chocolate:
Motorway covered in tonnes of melted chocolate after lorry overturns in Poland
https://www.standard.co.uk/news/tra...after-lorry-overturns-in-poland-a3834991.html

 

[peter2]

Who knew that cocoa has doubled this year?

 

[peter2]

Ghana's 2023/24 cocoa production is set to fall almost 40% below target. Ivory Coast is also seeing similar shortfalls.

Strong seasonal winds and lack of rain are among the main factors, along with smuggling, damage caused by illegal gold mining and swollen shoot disease (virus).

Price for cocoa beans is fixed in Ivory Coast but smugglers get more in neighbouring West African countries.

 

[peter2]

Biggest gainer in 2024.

 

[moXJO]

Been watching this. Wonder if it will ease after Easter.

 

[Dona Ferentes]

Who knew that cocoa has doubled this year?

and half as much again


.
In West Africa, a combination of black pod root disease and swollen shoot virus has decimated cocoa bean crops in Ghana and Ivory Coast, where 75% of the world’s cocoa beans are grown

Adding to the perfect storm afflicting cocoa beans has been the dusty and dry northeasterly Harmattan winds from the Western Sahara .

 

[peter2]

Price hit 10,000 recently. My late night chocolate habit is going to cost me more.

 

[moXJO]

Price hit 10,000 recently. My late night chocolate habit is going to cost me more.

Going parabolic.
Better start buying half price Easter eggs