Tridge summary
The article highlights the closure of commodities markets in the United States on Thanksgiving, while the European market continued to operate. Cocoa was the only commodity to note a increase in the European market, with contracts rising 0.43%, due to strong demand and potential global supply adjustments. In contrast, robusta coffee and refined sugar saw decreases, with robusta coffee falling 0.70% and refined sugar dropping 1.23%. The European market's performance was varied, showing the unique trends for each commodity without the influence of the North American markets.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
On Thursday (28), the commodities markets in the United States remained closed due to the Thanksgiving holiday, interrupting trading in New York and Chicago. Meanwhile, in London, the European market continued to operate, with cocoa standing out as the only commodity to register an increase. Cocoa contracts rose 0.43%, trading at 7,475 pounds per ton, reflecting a scenario of resilient demand and possible supply adjustments in the global market. Other commodities, however, performed negatively: robusta coffee fell 0.70%, to US$ 5,494 per ton, while refined sugar fell more sharply by 1.23%, ...
Source: Mercado Do Cacau
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