iPath Pure Beta Cocoa ETN (CHOC)
NYSEArca - NYSEArca Real Time Price. Currency in USD
- Barrons.com•2 months ago
La Niña is likely to result in increased production of cocoa—the key ingredient in chocolate—across the globe, putting pressure on prices that have run up on an anticipated deficit this season. La Niña is characterized by unusually cold ocean temperatures in the equatorial Pacific Ocean, unlike the generally stronger El Niño weather phenomenon, during which temperatures rise. The National Weather Service expects La Niña to develop during the Northern Hemisphere summer this year, with about a 75% chance of occurring during the fall and winter months into 2017.
- Consumer Reports•7 months ago
Cocoa, the essential ingredient for all that chocolate Americans will be buying for Valentine's Day, was one of the few commodities to appreciate in price in 2015. According to World Bank data, t...