
March ICE NY cocoa (CCH26) today is down -189 (-4.07%). March ICE London cocoa #7 (CAH26) is down -130 (-3.88%).
Cocoa prices are extending their two-week-long sell off today, with NY cocoa posting a 2-year nearest-futures low and London cocoa posting a 2.25-year nearest-futures low. Demand concerns are hammering cocoa prices as consumers continue to balk at pricey chocolate.