Arabica Coffee Jumps as Risk of Frost Deepens in Brazil
Arabica coffee futures jumped by the most in more than two weeks, rebounding after last week's selloff as top grower Brazil faces cold weather.
The most-active contract rose as much as 3.8% in New York as the risk of frost in Brazil emerges and technical indicators signaled last week's drop in prices may have been overdone. Futures dropped nearly 9% last week, and on Friday touched the lowest level since last December.
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