Cocoa Futures Climb to Five-Month High as El Nino Concerns Mount
London cocoa futures surged to their highest level in five months amid trader concerns that El Nino could dent West African output for the 2026/27 season. The Ivory Coast has temporarily halted sales of export contracts for its main 2026/27 crop, and New York cocoa also reached five-month highs. Arabica coffee advanced as Brazil’s Cooxupe reported …