Cocoa Prices Sharply Lower on Improved West African Cocoa Crop Prospects

Written on 05/29/2025
Rich Asplund

July ICE NY cocoa (CCN25 ) Thursday closed down -524 (-5.44%), and July ICE London cocoa #7 (CAN25 ) closed down -305 (-4.69%). Cocoa prices on Thursday extended their week-long selloff, with NY cocoa falling sharply to a 2-1/2 week low and London cocoa sinking to a 3-week low. Cocoa...Bar of chocolate by Karandaev via iStock