Cocoa Prices Sink on Tepid European Cocoa Demand

Written on 07/16/2026
Rich Asplund

September ICE NY cocoa (CCU26 ) on Thursday closed down -521 (-8.86%), and September ICE London cocoa #7 (CAU26 ) closed down -385 (-8.82%). Cocoa prices plummeted on Thursday to 1.5-week lows. Signs of weak global demand hammed cocoa prices on Thursday after the European Cocoa Association reported that Q2...Bar of chocolate by Karandaev via iStock