Wt Cocoa Discussion Threads

[mart] 03/11/2010 11:08

I've still got hopes for a modest uplift in cocoa.

[mart] 27/10/2010 10:13

I'm still bullish on cocoa; must admit though the 'long-term' seasonal charts aren't as clear on this commodity as say corn, wheat or sugar.

[mart] 25/10/2010 12:46

Going well today.

[rocket mn] 24/10/2010 00:06

Well on a technical level, I saw a reversal in sentiment during the last week of September. Confirmation from the subsequent significant higher low convinced me to take a position last Monday.

As a technical trader I don't know the reasons for the change in sentiment, nor am I particularly interested.

All the best.

[mart] 23/10/2010 00:11

No, I know about the gearing. It's the quite dramatic reversal in 'general' sentiment that I'm wondering about.

[rocket mn] 22/10/2010 18:50

18 x gearing on that warrant probably explains it.

Dec futures chart for today:

[mart] 22/10/2010 14:13

Tried to get hold of some SH04 this morning. Failed miserably. They are now up 60%. Hey ho.

Make that 66%. B....y hell. Virtually no move in COCO or LCOC.
Can't see any particular news item. Anybody seen or heard anything particular?

[mart] 14/10/2010 12:18

NOT what I wanted to read!

[mart] 14/10/2010 10:59

Yesterdays rises: weaker dollar + worries over delivery from Ivory coast



Have taken a position.

[mart] 14/10/2010 10:32

From yesterday



"...The gain was partially driven by an announcement from the Indonesian Cocoa Association; the group said that the nation's output of cocoa beans would fall 9 percent to 500,000 metric tons this year. Originally, growers had hoped to boost last year's production of 550,000 tons to 600,000 tons, but the weather isn't cooperating..."

[rocket mn] 28/9/2010 12:52

Could be time to get in soon.....

[mart] 27/9/2010 14:01

This seasonal chart may be of help. I wonder if 2010 will conform.

[mart] 22/9/2010 11:38

Well, for better or worse taken a position with a leveraged play.

[mart] 17/9/2010 19:42

More up-to-date

"ICE Cocoa Edges Higher; Pares Early Gains"

[mart] 16/9/2010 13:59

Is the 'bottom in' for cocoa?

[mart] 16/9/2010 12:49

A few key details on the front page.



Good section 'Learning about cocoa'

[mart] 16/9/2010 12:27

This is an old report (2001) that I've just come across but is interesting for contextual stuff, like distribution of production, tree age and production AND farmer demographic. Is there a more up-to-date one anywhere?

www.treecrops.org/crops/cocoaoutlook.pdf

[mart] 16/9/2010 11:39

"DJ Indonesia Cocoa Output May Drop 5%-10% On Heavy Rains-Traders"

[mart] 09/9/2010 08:50

"Cocoa price falls at Ivory Coast forecast"


Must say I'm getting increasingly sceptical of the accuracy of some of these pieces of 'journalism'. The prices go up and down and different stories are trotted out to suit. I forget how many different ways the Ivory Coast crop has been said to be going in the last month!