Cocoa Prices Under Pressure as the Supply Outlook Improves

Written on 03/07/2025
Rich Asplund

May ICE NY cocoa (CCK25 ) Wednesday closed down -310 (-3.70%), and May ICE London cocoa #7 (CAK25 ) closed down -233 (-3.53%). Cocoa prices Wednesday fell sharply but remained just above Tuesday's 3-1/2 month lows. An improving supply outlook is weighing on cocoa prices after the International Cocoa Organization...Cacao by Allybally4b via Pixabay