Cocoa Extends Recovery on Lighter Volume as Weather Risks Persist (9 October 2026)

Cocoa futures extended their recovery on Friday, 9 October, with New York outperforming London. New York December closed at $5,671/t, up $54 (+0.96%), after trading between $5,563 and $5,712. London December gained £19 (+0.45%) to £4,241/t, within a £4,154–£4,274 range. Both markets recovered from intraday pullbacks to finish in the upper third of their session ranges, although trading ranges narrowed in both markets. New York remained entirely inside Thursday’s range, while London exceeded the previous session’s high by just £4, leaving the advance consistent with consolidation within the recovery. Official settlements showed a more modest improvement than the last-traded closes: New York December was unchanged at $5,665/t, while London December rose £13 (+0.31%) to £4,246/t.