(Dec 22): Cocoa rebounded from the lowest in almost two weeks in New York, amid expectations of looming index-related buying and lingering uncertainty over supplies. Futures gained as much as 2.7%, after earlier on Monday touching the lowest since Dec 9. Peak Trading Research estimates it could lead to purchases of about 31,190 contracts. Cocoa futures are among the most oversold agricultural markets, according to Peak Trading Research founder Dave Whitcomb, making them vulnerable to a rebound. While cocoa prices have dropped from a record high set a year ago, they remain historically high — and chocolate isn’t expected to get much cheaper any time soon.

Source: The Edge Markets December 22, 2025 15:05 UTC