This Week’s Cocoa Price Crash Marks Largest Ever Drop
From ZeroHedge
What goes up, must come down. Cocoa prices turned lower on Thursday, extending a weekly decline that is slated to be the largest on record due to the evaporation of liquidity from large traders. Futures in New York plunged as much as 9.3% to the lowest level since mid-March and have tumbled 37.5% from […]
May 2nd 2024 9:50pm EDT
Source Link: https://www.zerohedge.com/commodities/weeks-cocoa-price-crash-marks-largest-ever-drop
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2024-05-03 04:33:15 UTC
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2024-05-03 04:33:15 UTCEvent JSON
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"content": "This Week’s Cocoa Price Crash Marks Largest Ever Drop \n\nFrom ZeroHedge\n\nWhat goes up, must come down. Cocoa prices turned lower on Thursday, extending a weekly decline that is slated to be the largest on record due to the evaporation of liquidity from large traders. Futures in New York plunged as much as 9.3% to the lowest level since mid-March and have tumbled 37.5% from […]\n\nMay 2nd 2024 9:50pm EDT\n\nSource Link: https://www.zerohedge.com/commodities/weeks-cocoa-price-crash-marks-largest-ever-drop\n\nShare, promote \u0026 comment with Nostr: https://dissentwatch.com/boost/?boost_post_id=762576",
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