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Barchart
Barchart
Rich Asplund

Cocoa Prices Pressured by Demand Concerns

Ice Ghana Hershey Ivory Coast London ICCO

September ICE NY cocoa (CCU24) today is down -38 (-0.50%), and September ICE London cocoa #7 (CAU24) is up +33 (+0.55%).

Cocoa prices today are mixed.  Cocoa prices today extended this week's slide to 1-month lows on global cocoa demand concerns after Hershey, the world's fourth-largest chocolate producer, reported a quarterly sales drop and cut its full-year outlook Thursday due to weakening consumer demand for chocolate.  

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