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ADZ - Cocoa - $400 Per Ton Pushes The Soft Commodity To A New High For 2019
DB Agriculture Short ETN due April 1 2038
Since the turn of this century, the price range in the cocoa futures market has been from $674 to $3826 per ton. At the $2500 level on November 11, the price of the primary ingredient in chocolate confectionery products is above the midpoints.
When it comes to the demand side of the fundamental equation in the cocoa market, the addressable market has grown both as a function of overall population growth and Chinese requirements. In 2000, there were around six billion people on our planet. Today, that number stands at over 7.6 billion, over 26.6%