Dry Weather Deepens Cocoa Supply Concerns as Ivory Coast Port Deliveries Fall 52% (12 October 2026)

Cocoa futures traded through sharp intraday swings on Monday, 12 October, with London retaining gains while New York finished slightly lower. London December rallied early towards £4,340/t before reversing to £4,175. An uneven rebound and a late recovery lifted the contract back above intraday VWAP to a last-traded close of £4,277, up £36 (+0.85%), although still £63 below the session high. New York December traded between $5,554 and $5,801/t, breaking both sides of Friday’s range, but finished back inside it at $5,666, down $5 (−0.09%). Official settlements rose to $5,676 (+0.19%) in New York and £4,279 (+0.78%) in London, leaving modest settlement gains alongside stronger closing resilience in London.