Cocoa and coffee are set to finish 2024 as the top-performing commodities for the second consecutive year, while steel-making coal is expected to end as the worst performer, reported Reuters on Dec. 31. Cocoa nearly tripled in price over 2024, far outpacing gains in other commodities, despite a year of poor weather and weak harvests.
Markets Insider reported prices likely to remain historically elevated due to uncertainty over the West African crop outlook and tight stocks, sourcing commentary from ING.
Global trade tensions are expected to shape the commodities landscape in 2025, with gold's appeal as a safe-haven asset expected to support precious metals prices. Meanwhile, abun
