New York cocoa futures on ICE hit their highest in a year and a half while London cocoa also rallied on signs nearby supplies may be tightening.
Raw sugar also rose, while coffee fell.
March New York cocoa settled up $106, or 4.2%, at $2,620 per tonne, after touching an intraday high of $2,637, the most since May 2018.
March London cocoa settled up 76 pounds, or 4.1 percent, at 1,934 pounds per tonne.
London December cocoa settled at a record 96 pounds a tonne above March cocoa, indicating nearby supplies might be tight.
New York December cocoa traded at $13 a tonne above March cocoa.
"(The rally) has probably got quite a bit more in it. Cocoa for nearby delivery, I don't think there is much, if any, (around)" said one dealer.
Cocoa arrivals at ports in Ivory Coast reached 446,000 tonnes between Oct. 1 and Nov. 10, exporters estimated, up 5.7% from last season.
Ghana, the world's No. 2 cocoa producer, has sold nearly 200,000 tonnes of cocoa for the 2020/21 season, with prices including the new $400 per tonne living income differential.
March raw sugar settled up 0.02 cent at 12.59 cents per lb.
Dealers said the market was rangebound for now, though production estimates for 2019/20 were being cut back in many producing regions, with most global deficit estimates now between 6-7 million tonnes. That means prices should eventually break out on the upside, they said, even if gains will be capped by producer selling of excess stocks from last season.
Snack maker Mondelez will offer more treats in smaller portions and with less sugar, as the company behind Oreo cookies and Cadbury chocolate responds to consumer demands for healthier products.
France's farm ministry raised its production estimate for the country's 2019 sugar beet harvest to 37.2 million tonnes from 36.9 million expected last month.
December white sugar fell $5.40, or 1%, to settle at $327.50 per tonne.
March arabica coffee settled down 0.55 cent, or 0.50 percent, at $1.089 per lb, having fallen in the previous session as a fund short covering rally ran out of steam.
Brazil exported 3.1 million 60-kg bags of green coffee in October, 14% less than in the same month a year earlier, as a smaller crop this year starts to impact monthly exporting volumes. Hedge funds and other money managers cut a net short position on arabica coffee on ICE Futures US in the week ended Nov. 3 by 5,650 to 58,415.
January robusta coffee settled down $4, or 0.3%, at $1,371 per tonne. Vietnam, the world's top robusta producer, exported 87,497 tonnes, or 1.46 million 60-kg bags, of coffee, in October, down 5.3% from September.
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