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Barchart

Rich Asplund

Demand Concerns Slam Cocoa Prices

Ice ICCO Barry Callebaut AG NY London Ghana Hershey Ivory Coast Mondelez

May ICE NY cocoa (CCK25) today is down -310 (-3.78%), and May ICE London cocoa #7 (CAK25) is down -86 (-1.41%).

Cocoa prices today gave up an early advance and posted moderate losses on cocoa demand concerns after Barry Callebaut AG, one of the world's biggest chocolate makers, cut its sales guidance for the year in the face of high cocoa prices and tariff uncertainty.

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