Cocoa

Cocoa-related exchange traded notes surged Monday as the El Nino phenomenon fueled abnormal weather patterns across the globe and added to crop concerns in top cocoa growers across the Ivory Coast. On Monday, the iPath Bloomberg Cocoa Subindex Total Return ETN (NYSEArca: NIB) gained 3.8% and iPath Pure Beta Cocoa ETN (NYSEArca: CHOC) rose 3.3% […]

Unfortunately for commodities, there’s no waking up from this nightmare. It’s real. Since 1970, the S&P GSCI has never seen a Nov. with as many as 21 negative commodities. After a glimmer of hope in Oct., only 3 commodities, sugar, cotton and cocoa are on track to be positive in Nov. In other words, for every […]

Record high temperatures in October may be a prelude to a strengthening El Nino weather pattern, potentially leading to opportunities in the commodities space and related exchange traded products. Last month was the hottest October since records have been kept in the past 136 years and the eighth record-breaking month so far this year, reports […]

While the commodities market has been tanking, cocoa-related exchange traded notes have been strengthening this year, and with potential weather concerns across west Africa, the largest supplying region in the world, cocoa prices may have more room to run. Cocoa is one of the few commodities that has increased this year. Year-to-date, the iPath DJ-UBS […]

With the U.S. dollar strengthening and global growth concerns lingering, the commodities market have stumbled. Nevertheless, traders can still find some opportunities, but they will have to target single commodity-specific exchange traded funds. The PowerShares DB Commodity Index Tracking Fund (NYSEArca: DBC), the largest commodity-related ETF and tracks a broad basket of the 14 most […]

The Ebola virus has been in the news quite a bit over the past month and although some were initially reluctant to believe it could happen because it “wasn’t in the charts,” the Ebola scare has had an impact on some corners of financial markets. In fact, some folks in the Twittersphere derided an ETF […]

Cocoa prices and related exchange traded notes were hovering around a three-year high. However, a surge in production could begin to temper price gains. Trading near its highest level since September 2011, the iPath DJ-UBS Cocoa TR Sub-Index ETN (NYSEArca: NIB) touched an intra-day high of $43.08 Friday before giving back its morning gains. NIB […]

Developing countries are developing a voracious appetite for chocolate, pushing cocoa prices and related exchange traded notes to a three-year high. The iPath DJ-UBS Cocoa TR Sub-Index ETN (NYSEArca: NIB) is up 14.7% year-to-date while the iPath Pure Beta Cocoa ETN (NYSEArca: CHOC) is 12.6% higher. [Chocolate High: Cocoa ETNs Surge] ICE cocoa futures were […]

The growing middle class in the emerging markets is gobbling up chocolate confections, pushing cocoa prices and related exchange traded notes to near three-year highs. The iPath DJ-UBS Cocoa TR Sub-Index ETN (NYSEArca: NIB) is up 14.1% year-to-date while the iPath Pure Beta Cocoa ETN (NYSEArca: CHOC) increaed 13.4% so far this year. Both ETNs […]

Perception might be that lovers everywhere have always enjoyed the confection of affection, chocolate. However, it has taken some time for many Asian countries to adopt the taste, but it seems now they have fallen in love.  The Singapore-based Cocoa Association of Asia said that in the fourth quarter of 2013 demand rose 10% from Asia including Malaysia, Singapore […]

Cocoa-related exchange traded notes are having a sweet year as a surge in Asia demand led to the longest production shortfall in over five decades. The iPath DJ-UBS Cocoa TR Sub-Index ETN (NYSEArca: NIB) is up 22.1% year-to-date while the iPath Pure Beta Cocoa ETN (NYSEArca: CHOC) increased 22.3% this year. Demand will outpace supply […]

Cocoa exchange traded notes are looking sweet as traders push cocoa futures to a two-week high on crop damaging weather conditions. The iPath DJ-UBS Cocoa TR Sub-Index ETN (NYSEArca: NIB) jumped 3.2% Tuesday while the iPath Pure Beta Cocoa ETN (NYSEArca: CHOC) surged 3.6%. Year-to-date, NIB is up 17% and CHOC increased 16.2%. [Speculators Run […]

The cocoa exchange traded note has been one of the best performers in the commodities space, with money managers taking record net-long position, but some are starting to caution against the influx of speculative bets. The iPath DJ-UBS Cocoa TR Sub-Index ETN (NYSEArca: NIB) has gained 19.8% year-to-date. As of Oct. 22, investors were net-long, […]

In an otherwise glum year for commodities, particularly soft commodities, at least one exchange traded product has stood tall. At the start of trading Tuesday, the iPath DJ-UBS Cocoa TR Sub-Index ETN (NYSEArca: NIB) was sporting a year-to-date gain of 22.5%. The ETN is up more than 3.5% since it was highlighted on September 18. […]

It has been a rough year for commodities ETFs and ETNs and not is just gold and silver plays that have suffered. Exchange traded products offering exposure to soft commodities have been repudiated as well. For example, the Teucrium Corn Fund (NYSEArca: CORN) is down 22.2% this year while the iPath DJ-UBS Coffee TR Sub-Index […]

Add cocoa to the list of obscure commodities that have recently been tumbling and appear vulnerable to additional downside. The often overlooked iPath Dow Jones-UBS Cocoa Total Return Sub-Index ETN (NYSEArca: NIB) is the play here. Although NIB is up 5.4% in the past three months, a performance that has gone unnoticed because gold has […]

Cocoa related exchange traded notes surged Monday as a national strike in Nigeria, the fourth largest producer of the soft commodity, and poor weather conditions pressured the supply outlook. The iPath DJ-UBS Cocoa Subindex ETN (NYSEArca: NIB) was up 8.5% at last check Monday, and the iPath Pure Beta Cocoa ETN (NYSEArca: CHOC) was 4.4% […]

A spreading fungal infestation over Latin America’s cocoa crops could potentially decimate global supply and push cocoa prices, along with related exchange traded notes, higher. The iPath DJ-UBS Cocoa Subindex ETN (NYSEArca: NIB) is down 5% year-to-date. The iPath Pure Beta Cocoa ETN (NYSEArca: CHOC) is a recent addition to iPath‘s ETN lineup. Frosty pod […]

Barclays recently listed over a dozen exchange traded notes (ETNs) that give investors targeted exposure to various commodities. The launch highlights the growing popularity of commodities products as investors seek alternatives outside more traditional investments such as stocks and bonds. At the end of March, there was $102.4 billion in commodity exchange traded funds (ETFs) […]

An exchange traded note based on cocoa futures has risen this week on speculation that a civil war in Ivory Coast will continue to disrupt shipments of the commodity, even after the capture of former president Laurent Gbagbo. Gbagbo was handed over to forces loyal to president-elect Alassane Ouattara. The European Union on April 8 […]

The stock market’s new rules implemented in the wake of the flash crash did their job early this week when the cocoa exchange traded note (ETN) dropped sharply in mid-day trading. Cocoa prices have gone up to 30-year highs as a result of a ban on exports by the Ivory Coast. The internationally recognized winner […]

Political unrest in Africa isn’t just having an impact on oil prices. Conflicts on the Ivory Coast have sent the cocoa exchange traded note (ETN) soaring, too. iPath Dow Jones AIG Cocoa ETN (NYSEArca: NIB) is up a whopping 17.1% year-to-date and cocoa prices are at 32-year highs. What gives? The main reason for the […]

January was one of the best months for the markets in awhile. So good, in fact, that some of the top-performing exchange traded funds (ETFs) and exchange traded notes (ETNs) at the top of the charts might not be the ones you’d expect. Spain. Recent stress tests imposed on the Spanish banks apparently assured investors […]

Concern over a disruption in supply of sugar, coupled with higher domestic demand, has sent sugar prices and the sugar-related exchange trade note (ETN) to a new high. Potential weather damage to sugar crops in Brazil, the world’s largest producer, helped push sugar prices to its highest price in almost eight months, with coffee and […]

As Passover has passed and Easter is upon us, it’s time to splurge on some chocolate bunnies for those you love. Is the related cocoa exchange traded note (ETN) going to find a sweet surprise rally? The opinions and forecasts expressed herein are solely those of Tom Lydon, and may not actually come to pass. […]

Chocolate, roses, jewelry. What are you getting your sweetheart (or yourself) for Valentine’s Day? If you’re like millions of other people, you’re opting for chocolate, which might present an opportunity in the cocoa exchange traded note (ETN). The opinions and forecasts expressed herein are solely those of Tom Lydon, and may not actually come to […]

The recession has proven that chocolate is a comfort food that is not easily given up. Like other commodity funds, the cocoa exchange traded note (ETN) has been on the rise, but unlike other commodities, cocoa is backed by a lot of people with a sweet tooth. The opinions and forecasts expressed herein are solely […]

Sweet stuff is going on a run. Both cocoa and sugar exchange traded notes (ETNs) have been ticking up higher as the prices of those commodities gain sharply. What’s causing it and how long can this last? The opinions and forecasts expressed herein are solely those of Tom Lydon, and may not actually come to […]

Are you looking to expand your investment horizons? Here are some commodity and natural resource exchange traded notes (ETNs) and exchange traded funds (ETFs) that you may not know about. The opinions and forecasts expressed herein are solely those of Tom Lydon, and may not actually come to pass. Information on this site should not […]

Valentine’s Day is not limited to the borders of the United States, rather, this day of love infiltrates all corners of the world, giving the cocoa-related exchange traded note (ETN) a chance to sweeten everyone’s day. The opinions and forecasts expressed herein are solely those of Tom Lydon, and may not actually come to pass. […]