Cocoa prices have surged as traders begin to position ahead of January index rebalancing flows. Despite the recent rally, large passive buying requirements and historically light hedge fund positioning suggest the move may still be in its early stages.Chocolate cocoa chopped on table by Simone_ph via Pixabay
Cocoa Index Rebalance Update: Flows Are Building as Price Breaks the Downtrend
Written on 12/28/2025