Fundamental analysis by بورس24 | Bourse24 about Stock امید on 4/4/2024

#Cocoa prices fell for the third day in a row as supplies in West Africa are expected to increase. The price of this agricultural product has grown very fast this year because the bad weather has reduced the amount of production. Now, the sharp rise in prices has caused hope to rise about the increase in production. The future selling price of each ton of cocoa in New York has decreased by about 4% to the range of $9,250. Last week, the prices had reached above 10 thousand dollars. Prices are still high and the demand for #chocolate may decrease. The impact of the high price of cocoa became more visible in the coming months. @bourse24ir www.bourse24.ir