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Posted on May 7, 2013 by admin

Brazil raises arabica coffee benchmark price 17 pct

BRASILIA, May 7 (Reuters) – Brazil, the world’s top coffee producer, raised its benchmark price for arabica coffee 17 percent on Tuesday to 307 reais ($150) per 60-kg bag, a decision traders see as a sign of imminent government intervention to boost …
http://www.reuters.com

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