Arabica coffee climbs to 3-1/2 months high.
Byline: S. Kamal Hayder Kazmi
Arabica coffee futures on ICE rose to 3-1/2 month high on Wednesday, extending their recent rebound from a 13-1/2 year low earlier in May, boosted by technically driven buying and a strengthening in Brazil's real currency.
July arabica coffee was 2.0 cents, or 2.1 percent, higher at 98.05 cents per lb at 1403 GMT after peaking at 98.35 cents, the highest since Feb. 15. Dealers said cold...
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