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Barchart
Barchart
Rich Asplund

NY Cocoa Retreats as the US May Cut Tariffs on Crops Not Grown in the US

Ice United States NY ICCO London

December ICE NY cocoa (CCZ25) today is down -190 (-3.26%), and December ICE London cocoa #7 (CAZ25) is up +33 (+0.79%).

Cocoa prices are mixed today, with NY cocoa falling sharply to a 1.75-year nearest-futures low.   Signs of possible tariff cuts are weighing on cocoa prices after US Treasury Secretary Bessent said today that there would be "substantial announcements over the next couple of days" on tariffs on crops not grown in the US, including cocoa.  

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