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NIB - How Extreme Weather Has Created Another Bull Market In Commodities
February, 02 2022 10:29 AM
iPath Bloomberg Cocoa Subindex Total Return SM IndexETN
Flooding in northern Brazil and drought in the south has shaved the South American soybean crop. My forecast from three weeks ago of extreme mid-late winter cold weather has created an historical January spike in natural gas. The Harmattan Wind is beginning to affect West African cocoa production. For further details see:
How Extreme Weather Has Created Another Bull Market In Commodities
Stock Information
Company Name:
iPath Bloomberg Cocoa Subindex Total Return SM IndexETN
Stock Symbol:
NIB
Market:
NYSE
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