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Rich Asplund

DARK SECRETS: Demand concerns undercut cocoa prices - The Real Truth

Ice Mondelez London ICCO

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

Cocoa prices today dropped to 1-week lows 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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