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On Monday, cocoa prices tumbled on optimism that West African crop output will recoup amid recent below-average rainfall. The commodity’s futures price for December delivery closed the US trading session
Quick Overview Oil Price Surge: Oil prices rose over 3.5% last week, driven by economic optimism and geopolitical tensions. Benchmark Gains: Brent and WTI crude saw weekly solid gains, with
On Monday, oil prices rallied as reports highlighted that an Iran strike would likely occur in the upcoming days. In the Asian afternoon session, Brent futures for October delivery surged
Quick Overview Cocoa Price Surge: Cocoa prices spiked 300% due to El Niño effects, peaking at $12,261/tonne, severely impacting the chocolate industry. Shrinkflation: To offset costs, some manufacturers are reducing
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