UNG - El Niño: The Historic Bull Market In Cocoa And Natural Gas Price Decline

2024-02-12 11:13:54 ET

Summary

• Cocoa prices have been affected by disease issues and the Harmattan Wind, leading to concerns about future demand.
• The natural gas market has experienced warm winter weather, following a short-covering rally caused by the "Polar Vortex."
• The video discusses the impact of El Niño and why it may not weaken as quickly as anticipated.

There have been some incredible moves in energy and agricultural commodities the last month or so. Most notably based on the weather, cocoa ( NIB ), and natural gas ( UNG ). These two markets have gone in opposite directions....

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