Five Key Charts to Watch in Global Commodities This Week
A farmer arranges fermented cocoa beans onto a sheet to dry out in the sun on a farm in Azaguie, Ivory Coast.
Photographer: Andrew Caballero-Reynolds/BloombergThis article is for subscribers only.
It’s bad timing for chocolate lovers with cocoa prices soaring to the highest ever. Meanwhile, record warm temperatures look set to continue, posing an ongoing threat to crops, energy supplies and transportation. The Organization of Petroleum Exporting Countries and the International Energy Agency publish their respective monthly oil market reports. And more earnings are on tap, including from mining behemoth Barrick Gold Corp., machinery maker Deere & Co. and oil companies Eni SpA and Occidental Petroleum Corp.
Here are five notable charts to consider in global commodity markets as the week gets underway.