Arabica coffee reaches one-month high on technical buying
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brecorder
9 days ago

Arabica coffee reaches one-month high on technical buying

NEW YORK/LONDON: Arabica coffee futures on ICE reached a one-month high on Wednesday on technical buying, short covering and dry weather in top-grower Brazil s growth regions. New York cocoa futures rose as technical structure improved when prices topped a key resistance level. COFFEE December arabica coffee settled up 2.8 cents, or 2.1 percent, at $1.3785

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