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US cocoa and arabica coffee futures moved higher in early trade Monday, with a boost from the weak dollar and chart-based support, traders said. Arabica coffee for May delivery up 0.30 cent at $1.1045 per lb, by 9:19 am EDT (1319 GMT). Session range from $1.0860 to $1.1125.
May volume at 2,029 lots. Benchmark May cocoa up $24 at $2,405 per tonne by 9:20 am May volume at 2,856 lots. Session range from $2,382 to $2,435. The rest ranged $24 to $55 higher.

Copyright Reuters, 2009

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