“That’s the one soft [commodity]we’re real bullish on,” James Cordier, president of brokerage Liberty Trading Group, said in the article. “I just don’t think the supplies are there to meet demand.”
Leading the demand side, emerging markets are revealing a sweet tooth. The emerging middle class has made chocolate into an affordable, everyday treat. Meanwhile, new products, improved transportation and better infrastructure have eased the distribution of confections. [Emerging Markets’ Chocolate Craze Bolsters Cocoa ETNs]
iPath DJ-UBS Cocoa TR Sub-Index ETN
For more information on the chocolate market, visit our cocoa category.