Learn more

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. Cocoa is also under pressure due to an improving outlook for the next cocoa season in West Africa. The end of the El Nino weather pattern and a potential shift to a La Nina p…

cuu