The chart shows global cocoa production through 2017. The arrows show years when lower production due to El Nino, a negative TSA, and negative Indian Dipole helped to rally cocoa production. The video below discusses a lot more about this.
What Are The Climatic Factors Which Would Cocoa Prices Out Of The Doldrums?
The world is addicted to chocolate. That is nothing new. One of the few commodities not to stage a bull market the last few months has been cocoa. This video discusses the reasons why.
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