* Key July cocoa futures rose $43 to settle at $3,028 a tonne.
* May/July position rolling kept volume strong ahead of first notice day for May on April 15 - traders.
* The arrest of Ivory Coast's Gbagbo ends a four-month standoff with presidential rival Alassane Ouattara, but it may not be enough to end a civil war and soothe ethnic divisions in the world's top cocoa grower.
* Market pared its gains after Gbagbo was arrested as it raised hopes that the world's top grower will resume its cocoa exports soon - traders.
* Production in a Cargill cocoa processing plant in the Netherlands damaged in a fire on Sunday will resume within the next few days.
Source : reuters
