Monday, 8 February 2010

soft softs ?


Many years ago,in a previous incarnation.I worked for a cocoa-trading firm,but left for what seemed like the more fertile fields of Japanese equities....enough said !
Cocoa has been the stronger performer of the 2 "exotic" soft commodities but the current chart adds to the cautious picture suggested by recent coffee weakness.One day when every Chinese consumer takes a Mars bar to work this uptrend will resume but for now the trend has reversed.

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