COFFEE
* July arabica coffee futures jumped 6.80 cents or 2.5 percent to finish at $2.8370 per lb.
* May/July spreading dominated the session's heavy volume ahead of the spot contract's first notice day April 20.
* Total volume around 40,569 lots, the highest since November 2010 - preliminary Thomson Reuters data.
* "Most of it is spread related. Ten percent of the volume is outright volume. A lot of people are watching more than doing anything." - Rodrigo Costa, vice-president of Institutional Sales for Newedge USA.
* Colombia's coffee exports shot up 53 percent to 884,000 60-kg bags in March versus the same month last year - Colombian Federation of Coffee Growers.
COCOA
* Key July cocoa futures rose $14 to close at $3,070 a tonne.
* May/July position contributed to a significant portion of the day's strong volume ahead of first notice day for May on Friday - traders.
* Technical strength and short-covering lifted the market, after rising above the 200-day moving average and after the 20-day and 100-day moving averages crossed above the market late last week.
* Market remained firm as a lot of work was still required to bring life in top grower Ivory Coast back to normal - traders.
* Ivory Coast's President Alassane Ouattara pledged to quickly restore security and prosperity to a nation broken by civil war as life in the main city slowly returned to a normality of sorts.
* Ivory Coast's two main ports will reopen this week with ships likely to arrive by next week, paving the way for a resumption of cocoa exports from the world's top grower - spokesman for President Alassane Ouattara.
* European cocoa and North American cocoa grind data for the first quarter will be released Thursday.
Source : reuters
