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Barchart
Barchart
Rich Asplund

HISTORICAL FACTS: Cocoa prices fall on demand concerns and british pound strength - Caught on Camera

March ICE NY cocoa (CCH25) Thursday closed down -143 (-1.40%), and March ICE London cocoa #7 (CAH25) closed down -148 (-1.83%).

Cocoa prices dropped to 1-week lows Thursday on negative carryover from Tuesday when Mondelez executives said that chocolate prices could rise as much as 50% due to the surge in cocoa prices, which would curb chocolate demand.

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