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Coffee Prices Fall Following Brazil's Election Results, Weakening the Real and Boosting Export Prospects – CoffeeTalk

Coffee prices slumped following President Luiz Inácio Lula da Silva’s surprise election win in Brazil, which caused the nation’s currency to weaken and boosted export prospects.Lula’s victory, a political upset, led to a projected 12% plunge in the Brazilian real against the dollar. A weaker real enhances the competitiveness of Brazilian produce,…

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