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home / news releases / JJA - Cocoa Stalls - What Will It Take For A Break To The Upside?


JJA - Cocoa Stalls - What Will It Take For A Break To The Upside?

In the soft commodities sector of the raw materials asset class, the cocoa futures market tends to roll from one active month to the next first. Volatility often picks up during a roll period as market participants decide if they will take their risk positions into the next active month. As the roll period approached, the May cocoa futures contract had rallied for fourteen consecutive sessions. On April 11, the soon to expire May contract and the new active month July futures contract rose to new highs and then turned lower closing the session below

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Stock Information

Company Name: iPathA Series B Bloomberg Agriculture Subindex Total Return ETN
Stock Symbol: JJA
Market: NYSE

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