Cocoa is nearing a mean reversion

2 years ago, I wrote about the parabolic price move in Cocoa.

Here are some links to some of those notes.

Parabolic Cocoa

Sell your Cocoa and Chocolate

Now, Cocoa prices have nearly completed their mean reversion.

Keep in mind, that parabolas honour mean reversion more so and quicker than other occurrences in asset pricing.

Today, there are many other parabolic price shapes out there.

by Rob Zdravevski

February 10, 2026

rob@karriasset.com.au