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Coffee up 10% in New York after new frosts in Brazil

RIO DE JANEIRO, BRAZIL - Frosts in Brazil were once again the main factor in coffee trading on Thursday (22) as prices on the New York Stock Exchange soared for the third consecutive day.

Arabica contracts maturing in September (currently the most traded) surged 10% (1,765 points) in the session, to US$1.9365 per pound.

The cold spell in Brazil's Center-South dominated investor attention also on Tuesday and Wednesday, rising . . .

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