
March ICE NY cocoa (CCH25) today is down -56 (-0.51%), and March ICE London cocoa #7 (CAH25) is down -11 (-0.12%).
Cocoa prices today gave up an early advance and turned lower on concern high prices are causing demand destruction for cocoa after Brazil reported Q4 cocoa processing fell -5.5% y/y to 59,589 MT.