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Rich Asplund

Cocoa Prices Fall on Signs of Weak Chocolate Demand

Ice ICCO Hershey London

December ICE NY cocoa (CCZ25) today is down -45 (-0.74%), and December ICE London cocoa #7 (CAZ25) is down -3 (-0.07%).

Cocoa prices are sliding today but remain above Wednesday's 1-week lows. Comments today from the CEO of chocolate-maker Hershey are weighing on cocoa prices when he said chocolate sales this Halloween season have been "disappointing." Halloween made up nearly 18% of annual US candy sales in 2024, second only to Christmas.

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