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(Updates prices and market activity; adds badyst feedback, NEW YORK at the deadline) NEW YORK / LONDON, July 8 (Reuters) - Future of coffee on ICE plunged from their peaks of 2019 on Monday as the impact of a the weekend freeze in Brazil, a growing country, seemed less damaging that some traders had feared, even though the market was still measure the full impact of the frost on the crop. Cocoa futures have reached their highest level in a year technical purchases and persistent concerns about implementation of the floor price as the best producers of Cote d Ivoire and Ghana announced last month. COFFEE * Arabica coffee from September stabilized at 4.7 cents, or 4.2%, at $ 1.064 per pound, after plummeting to almost two weeks $ 1.0530. * Prices have been rising steadily in previous weeks and reached a record seven months Friday on the cold forecast, icy weather in Brazil. * "It will take a few days to understand what is really wrong ... but for now, the market is seeing that there was little damage, "said an American trader. * Gels have been reported in Brazilian coffee and sugar cane areas over the weekend, and the cooperatives and businesses expected some impact when they badessed the situation. * Coffee cooperative Minasul, in the first producer Minas Gerais State, the frosts have mainly affected the low areas and mountain peaks. "We are still evaluating, but it seems clear that there will be Meme it impact on production ", José Marcos, president of the cooperative Magalhães said. * Robusta coffee from September is set at $ 18, or 1.3% at $ 1,426 per tonne. COCOA * September cocoa in New York paid $ 114, or 4.6%, at $ 2,577 per tonne, after peaking at $ 2,589. * Prices exceeded resistance around the $ 2,552 level, June 12th high. * "I think this market perceives this price floor of $ 2,600 per tonne, where futures contracts should trade. It's like that the specifications perceive it, "said an American trader. * Côte d 'Ivoire and Ghana set a floor price of $ 2,600 in June. but did not manage last week to find a deal with chocolate the industry on its implementation. * Cocoa arrivals in Ivorian ports are slowing down, also supports prices, dealers said. Yet arrivals are about 11% compared to last year 's levels. * September London cocoa settled 96 pounds, or 5.2%, at 1,935 pounds per tonne, after peaking at 1,939 in May 2018 high. SUGAR * October's raw sugar stabilized at 0.09 cent, or 0.7%, at 12.45 cents per lb * Brazilian producer of sugar and ethanol, Sao Martinho SA 12,000 hectares of its sugar cane fields were affected by Weekend frosts, according to a ranking of titles. * White sugar in August increased $ 1.70, or 0.5%, to $ 321.50 per ton. (Report Ayenat Mersie in New York and Maytaal Angel in London Edited by David Evans and Matthew Lewis)
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