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Market Impact: 0.18

Cocoa Prices Fall on Tepid Global Demand

Commodities & Raw MaterialsConsumer Demand & RetailCommodity FuturesMarket Technicals & Flows

July ICE NY cocoa fell 27 points, or 0.78%, and May ICE London cocoa declined 13 points, or 0.51%, as prices eased on demand concerns. Weak chocolate demand signals, including a recent Circana report, are weighing on cocoa sentiment and keeping the market defensive.

Analysis

July ICE NY cocoa fell 27 points, or 0.78%, and May ICE London cocoa declined 13 points, or 0.51%, as prices eased on demand concerns. Weak chocolate demand signals, including a recent Circana report, are weighing on cocoa sentiment and keeping the market defensive.

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Market Sentiment

Overall Sentiment

mildly negative

Sentiment Score

-0.22