How to discover the intrinsic value of a commodity

In this video Luca Discacciati, co-funder of Forecaster Terminal explains how to determine the intrinsic value of a commodity, focusing on cocoa. It emphasizes using the COT report to track producer behavior, which reflects their insights into production costs and market demand. By analyzing divergences between trader positions and market prices, the video identifies potential trading opportunities. It also discusses the use of indicators and historical data to anticipate market trends.