SOFTS -Cocoa falls after Barry Callebaut results, Trump tariff U-turn

NEW YORK, April 10 (Reuters) - Cocoa prices fell on Thursday as weaker-than-expected results from chocolate and cocoa giant Barry Callebaut BARN.S overshadowed U.S. President Donald Trump's widely welcomed move to pause most of his sweeping trade tariffs for 90 days.

The Swiss chocolate maker and cocoa processor lowered its annual sales volume guidance, citing "unprecedented volatility" in cocoa bean prices, sending its shares down by more than 20% to their biggest one-day drop ever.

Sales volumes at Barry Callebaut, which provides ingredients used in one out of four chocolate and cocoa products consumed worldwide, are viewed as a barometer of global cocoa and chocolate demand.

The company, which supplies KitKat maker Nestle NESN.S, posted a volume decline of 4.7% in the first six months of the financial year to August 31 and forecast full-year sales volumes to drop by a mid-single digit percentage.

London cocoa LCCc2 ​​​settled down 102 pounds, or 1.7%, at 5,994 pounds per metric ton, while New York cocoa CCc2 slid 2.9% to $8,074 a ton. Both hit five-month lows on Wednesday.

Limiting losses in cocoa and boosting coffee and sugar was relief over Trump's announcement late on Wednesday that he would pause many of his tariffs, prompting the European Union to pause its planned counter measures.

A dealer noted that the cocoa market was already concerned about demand after prices hit record highs last December and that the U.S. and China remain embroiled in a trade war because the tariff pause does not apply to Beijing.

Robusta coffee futures LRCc2 settled up $99, or 2.1%, at $4,896 a ton, having hit a four-month low on Wednesday, while arabica KCc2 rose 0.3% to $3.4285 per lb after touching a 2-1/2 month low in the previous session.

"In the short term, prices are expected to remain volatile due to low coffee stocks in Brazil, slow sales from Vietnam and uncertainties regarding U.S. tariffs and the situation in the Red Sea," Rabobank said.

Raw sugar SBc1 ​​settled up 0.21 cent, or 1.2%, at 18.12 cents per lb​​, having hit a one-month low on Wednesday. White sugar LSUc1 rose 2.1% to $523.90 a ton after dipping to a two-month low in the previous session.

Dealers noted the weather remained mostly dry in top producer Brazil where mills are ramping up harvest kick-off.

Sugar availability in the U.S. domestic market increased in April due to higher imports, the U.S. Department of Agriculture said on Thursday.