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Commodity Roundup: Cocoa, coffee drive bullish sentiment amid supply-side concerns

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Jan. 17, 2025 5:55 AM ETCocoa Futures (CC1:COM), KC1:COMGLD, IAU, SLV, SIL, MDLZ, HSY, GDX, LDSVF, SGOL, SIVR, GDXJ, PHYS, BYCBF, NSRGY, PSLV, NUGT, RING, OUNZ, SILJ, BAR, GLDM, AAAU, XAUUSD:CURBy: Arundhati Sarkar, SA News Editor
Chocolate bar, cocoa powder, cocoa beans and cocoa pod

carlosgaw/E+ via Getty Images

Despite easing from the record highs reached in December 2024, cocoa and coffee futures continue to trade at elevated levels, supported by persistent supply side challenges, Fitch Solutions’ BMI said on Friday.

Market sentiment for both commodities remains bullish, with money managers

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