NY Cocoa Prices Fall Sharply on Signs of Weak Demand
May ICE NY cocoa (CCK25 ) Thursday closed down -359 (-4.25%), and May ICE London cocoa #7 (CAK25 ) closed down -110 (-1.80%). Cocoa prices Thursday gave up an early advance and fell sharply on cocoa demand concerns after Barry Callebaut AG, one of the world’s biggest chocolate makers, cut…