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ADZ - Cocoa Corrects - Another Chance To Buy A Dip
DB Agriculture Short ETN due April 1 2038
During risk-off periods in markets, the prices of all products tend to move lower. When price carnage hits markets, rationality takes a holiday. Fears over Coronavirus have led to quarantines, hoarding, and wholesale selling in markets across all asset classes.
Cocoa beans are the primary ingredient in chocolate confectionery products. Cocoa plants thrive in equatorial climates. Over 60% of the world's annual supplies come from the West African nations of the Ivory Coast and Ghana.
Scientists and medical professionals around the globe are working tirelessly in pursuit of a vaccine and treatments, but fear is