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Coffee bears rewarded as Brazil currency drop sees price slide

Tuesday, September 8, 2015 - 05:50
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Demand for coffee is climbing. Global consumption will reach an all-time high in the 12 months that start on Oct 1, the US Department of Agriculture forecasts.

New York

COFFEE bears are reaping rewards from a sweeping plunge in emerging-market currencies.

Brazil and Colombia, the world's largest suppliers of arabica coffee, have seen the value of their currencies decline because of stagnating growth and a collapse in oil prices. As