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Commodity Roundup: Cocoa, espresso drive bullish sentiment amid supply-side considerations

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Jan. 17, 2025 5:55 AM ETCocoa Futures (CC1:COM), KC1:COMGLD, IAU, SLV, SIL, MDLZ, HSY, GDX, LDSVF, SGOL, SIVR, GDXJ, PHYS, BYCBF, NSRGY, PSLV, NUGT, RING, OUNZ, SILJ, BAR, GLDM, AAAU, XAUUSD:CURBy: Arundhati Sarkar, SA Information Editor

carlosgaw/E+ by way of Getty Pictures

Regardless of easing from the report highs reached in December 2024, cocoa and low futures proceed to commerce at elevated ranges, supported by persistent provide aspect challenges, Fitch Options’ BMI mentioned on Friday.

Market sentiment for each commodities stays bullish, with cash managers



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