From Cocoa to Coffee and Sugar, Soft Commodities Stage Simultaneous Rally

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Cocoa, coffee and other soft commodities have rebounded from lows to be among the world’s best-performing major assets

The raw ingredients for goods including chocolate and clothes have rebounded after their pandemic-fueled declines, lifted by supply constraints and investors’ bets that a recovering economy will boost consumer demand.

Cocoa, coffee and other soft commodities trading on the Intercontinental Exchange have bounced back from their lows earlier this year and now number among the world’s best-performing major assets. In the past month alone, cocoa futures have risen 17% to $2,488 a metric ton and coffee futures have climbed 14%...

 

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Ok seriously—starting the graph in mid-June is such a dishonest presentation of the data that I can only conclude that your goal is to obfuscate and deceive.

That’s why I buy Ethiopian green beans and roast/brew my own coffee. Tastes sooooo much better

and most overpriced at the supermarket.

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