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Rich Asplund

FORGOTTEN HISTORY: Cocoa prices fall back as ice inventories rebound - Caught on Camera

Ice ICCO London Hershey Mondelez

May ICE NY cocoa (CCK25) today is down -122 (-1.45%), and May ICE London cocoa #7 (CAK25) is down -151 (-2.31%).

Cocoa prices today are lower on a recovery in cocoa inventories. Since falling to a 21-year low of 1,263,493 bags on January 24, ICE-monitored cocoa inventories held in US ports have rebounded and climbed to a 3-1/4 month high of 1,530,893 bags on Monday.

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