Half way into week 7 of 2022, here is how the Soft commodities of Coffee, Sugar and Cocoa are developing.

One bar equals one week of trading activity. The overview shows the graph equally weighted between Coffee, Sugar and Cocoa. Since mid November last year, they are collectively + 13.5%.
The chart shows higher highs and higher lows on the weeky scale, indicating strength rather than weakness. The Softs are now trading at the level seen in February of 2020. Until markets see a Red bar on the weekly scale, the uptrend prevails.
For more updates and seasonality behaviour, see Coffee, Sugar, and Cocoa.
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2022-02-16 08:58 | Coffee, Sugar, Cocoa, Soft commodities