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home / news releases / NIB - Cocoa Falls To The Buy Zone Again

NIB - Cocoa Falls To The Buy Zone Again

iPath Bloomberg Cocoa Subindex Total Return SM IndexETN
  • A scary COVID-19 Halloween weighed on chocolate demand.
  • Cocoa has been trading in a bullish pattern since 2000.
  • Global demand is rising because of demographics.
  • Levels to watch in the cocoa futures market- Keep 2008 through 2011 in mind for the cocoa market.
  • ICE futures or the NIB ETN for risk positions in the soft commodity.

For further details see:

Cocoa Falls To The Buy Zone Again
Stock Information
Company Name: iPath Bloomberg Cocoa Subindex Total Return SM IndexETN
Stock Symbol: NIB
Market: NYSE
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