Cocoa Prices Are Stuck Against Key Resistance Levels. Is a Breakout Possible Here?

Cocoa Prices Are Stuck Against Key Resistance Levels. Is a Breakout Possible Here?
The zinc market is experiencing a deficit in 2024 due to increased mine supply and soft demand from China, with a forecasted return to surplus in 2025. Prices are supported by tight inventories and contango in futures, indicating traders' optimism for higher prices.