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On Friday, cocoa futures lifted to a seven-year high as excessive rainfall in West Africa devastated crop yields, causing a chocolate crisis. US cocoa futures for May delivery rose 8.28%
On Thursday, oil prices passed the $80.00 resistance level after the Energy Information Administration (EIA) predicted a 2024 supply deficit. The US West Texas Intermediate (WTI) petroleum futures for May
Quick look Malaysian palm oil futures hit over a year high, driven by robust rival edible and crude oil prices. Benchmark palm oil contract for May delivery surged 2.41% to
On Wednesday, cocoa plunged on profit-taking as fears of a supply crunch drove West African farmers to contemplate switching crops. US cocoa futures for May delivery slid 0.23% to $7,033.00
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