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Barchart
Rich Asplund

Cocoa Prices Retreat on Chocolate Demand Concerns

Ice Barry Callebaut London Cocoa NY Cocoa Ivory Coast CFTC Ghana ICCO London Maxar Technologies

March ICE NY cocoa (CCH25) Thursday closed down -123 (-1.05%), and March ICE London cocoa #7 (CAH25) closed down -164 (-1.75%).

Cocoa prices settled moderately lower on Thursday as demand concerns sparked long liquidation.  Chocolate maker Barry Callebaut reported a sales decline of -2.7% y/y for the November 30, 2024 quarter, citing weaker consumer demand.

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