Softs Rally Hard

Since the start of the year we have seen simultaneous rallies in sugar (+15%), cocoa (+28%), and robusta coffee (+47%). This is rather unusual given these three commodities have very different fundamentals and are produced in very different countries. The threat of El Niño-related weather challenges is the one common element that has led to speculators increasing their long bets across these three commodities. In this podcast, commodity analysts Paul Joules and Carlos Mera discuss the outlook going forward. Please read our disclaimer here:

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Softs Rally Hard is an episode from RaboResearch Agri Commodities by RaboResearch Agri Commodities.

This episode is 11:10 long.

This episode was published on Jun 30, 2023.

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