CandleFocus

Roasted Bitcoin? Cocoa Rises as the Best Investment of 2024

In 2024, cocoa emerged as the best-performing asset, surpassing bitcoin, the stock market, and gold. Prices for cocoa rose by 185% due to high demand and climate challenges. Experts predict that prices will continue to rise in 2025 due to the impact of climate adversities on cocoa crops. The demand for chocolate, in particular, has allowed prices to increase by 25% in December. The situation has also affected the currencies of countries that are major cocoa exporters, such as Ghana. Other soft commodities like coffee and orange juice concentrate have also experienced positive performance due to adverse predictions and crop reductions in key producing countries.

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