Investing.com -- Cocoa futures have experienced their most substantial rise in over a week, with the market’s attention fixed on the forthcoming mid-crop harvest in leading West African cocoa-producing countries.

The most traded contract surged by as much as 3.7% in New York, reaching a value of $8,197 per ton.

Meanwhile, London’s cocoa market also saw a significant increase, with a rise of up to 2.3% in intraday trading on Tuesday.

The market is currently evaluating conditions in West Africa, as farmers begin the mid-crop season.

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