Actually, my comment was stupid. If some big chocolate makers have some stocks right now, they should sell it, not grind it when the added value...
Just a reflexion. The market seems to be pushing up again because of the resilience of grindings, but I am not sure the beans in question have...
https://www.barchart.com/story/news/25577137/cocoa-prices-surge-as-global-cocoa-demand-remaina-resilient "Bloomberg reported last Thursday that...
https://www.reuters.com/investigates/special-report/westafrica-cocoa/
https://www.ft.com/content/c847251c-0940-46b3-899c-5e38e720d484
https://www.reuters.com/markets/commodities/african-cocoa-plants-run-out-beans-global-chocolate-crisis-deepens-2024-03-13/
This didn't age well...LOL. Actually, this cocoa situation is exceptional. Some producers in Ivory Coast or Ghana won't be able to ship the...
Yes, the balance sheets are heavy for ags lately. It can go lower.
Yes. Natural gas has been a good moneymaker for me throughout the years.
Bearish events occur on commodities ( Mississipi water levels making exports at the gulf impossible, refinery shutdowns during hurricanes that...
I went long NG H/J thinking we are still in the 2000s or 2010s and G/H is just a precursor to what will happen on H/J. But with global warming,...
I have traded with OpenECry, TradeStation( RJO ), Crossland LLC( now Wedbush ), IB, Advantage and Phillip Capital. I like IB for market access in...
Not that bad of an idea but we need a catalyst for the curve to plunge : ICE certified stocks increase, cocoa grindings down, good news from Ivory...
I have to say that Trafigura toxic waste scandal in Africa was perhaps the ugliest I read. Rich fiscal evasion is nowhere near the same category...
https://www.bloomberg.com/news/articles/2023-11-07/traders-move-coffee-around-to-hide-aging-beans-for-the-last-time#xj4y7vzkg
I was looking for long raw / short white for a long time but never pulled the trigger. Now it is too late. White sugar is really strong into the...
Hello George, my advice is only pay if you are really impressed with one source of info, otherwise just google and go to your favourite free...
Perhaps some particular location went nuts on top of that. You can have Waha trading negative while New England is at 16$
I assume he was talking about what occured in july and august of 2020, 4-5 months after covid started.
90% sure he is legit as a nat gas trader. He does location spreads by scheduling pipelines, locking in a profit for transportation and then when...
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