Sunday, 22. December 2024 Share: YouTube RSS

Cocoa’s the best-performing commodity in 2024 — and even beat bitcoin. What’s next.

Cocoa has outpaced the rise in the U.S. stock market and bitcoin, with prices for chocolate’s main ingredient having nearly tripled in 2024. The rally shows little signs of ending, with cocoa‘s 2023 to 2024 marketing year having ended with the biggest global supply deficit in 60 years, according to ING.

Source: MarketWatch

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