Cocoa Futures Swing as Market Watches West Africa Weather

Cocoa futures fluctuated as traders watch for the impact of West Africa’s Harmattan season on output from top producers.

Cocoa prices in New York and London fell as much as 4% on Friday before paring most of the loss. Still, the move adds to a brutal 2025, with New York futures down 48% and London contracts off more than 50% on anticipation of improved harvests and sluggish demand.