Commodity Market Movers Report - Portfolio Update 22.02.2026

Summary

In this episode the hosts review their recent commodity trades, highlighting a 50% profit take on a short cocoa position after hitting the first target and the closure of a long heating oil trade following two strong rally days driven by unusually cold weather in the eastern US and heightened volatility from the Iran conflict. They discuss the rationale behind exiting macro‑sensitive positions, emphasizing risk management and the importance of aligning trades with evolving geopolitical and weather-driven fundamentals. The episode also offers a brief outlook on upcoming market drivers, noting that future cocoa and heating oil moves will depend on supply‑demand shifts and geopolitical developments.