The cocoa crash explained
About this episode
The episode discusses the recent 30% drop in cocoa futures due to various bearish factors affecting the market.
Cocoa futures in London and New York have had a rough start to the new year, plummeting 30% YTD following a wave of bearish fundamentals hitting the market in January. In this podcast, Carlos Mera and Oran van Dort discuss the latest crash, explaining the role of deteriorating demand, evidence of easing market tightness, favorable West African weather, and the significant influence of speculators, as well as the impact on the forward balance sheet and both the short- and long-term price outlook. Disclaimer: Please refer to our global RaboResearch disclaimer at https://www.rabobank.com/knowledge/disclaimer/011417272/disclaimer for information about the scope and limitations of the material published on the podcast.
People in this episode
Host: Carlos Mera
Guest: Oran van Dort
Topics covered
- cocoa market
- futures trading
- price outlook
- demand analysis
- speculation
- weather impact
Keywords
- cocoa futures
- market analysis
- bearish fundamentals
- speculators
- West African weather
- price outlook
Mentioned in this episode
Organizations: Rabobank RaboResearch
Places: West Africa
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