According to preliminary statistics from the General Department of Customs, in March 2024, Vietnam’s coffee exports increased by 17.7% in volume, increased by 27.1% in turnover compared to February 2024 and prices increased. 8%, reaching 188,972 tons, equivalent to 671.83 million USD, average price 3,555 USD/ton. Overall, for the first 3 months of 2024, coffee […]
Category Archives: Coffee
Latest coffee news in vietnam and the world
25
Apr
Apr
July Arabica coffee traded on Wednesday closed up 4.50 cents/pound and Robusta coffee closed up $149 at $4,266/ton. Robusta coffee prices soared to a new record high due to concerns about the increasingly tight supply of Robusta from Vietnam along with information about crops being seriously damaged by drought. Thus, Robusta coffee prices have surpassed […]
Coffee
Oil prices increased again, natural gas, copper, tin, iron and steel, rubber and coffee all decreased
25
Apr
Apr
Illustration Oil prices increased Oil prices increased more than 1 USD/barrel, as the USD index fell to its lowest level in more than a week and investors shifted their focus from tensions in the Middle East to the global economic situation. Closing the trading session on April 23, Brent crude oil increased by 1.42 USD […]
25
Apr
Apr
On April 24, coffee prices continued to increase by 2,000 – 3,000 VND/kg and are at a new record high. Currently, the average coffee price in the Central Highlands provinces is 128,700 VND/kg, the highest price in Dak Nong and Dak Lak is 129,000 VND/kg. Before the season, businesses forecast that the highest coffee price […]
24
Apr
Apr
July Arabica coffee on Tuesday closed down 5.80 cents/pound and July Robusta coffee closed down $16 at $4,117/ton. The trading range during the session was quite wide, when Arabica prices sometimes increased to 2.25 cents and fell to the lowest level of negative 7.4 cents/pound. Robusta coffee prices are equally volatile, trading between negative $53 […]
24
Apr
Apr
According to a survey by reporter Tien Phong, domestic coffee prices have continued to increase sharply in recent days. The average price of domestic coffee on April 22 was purchased at 122,500 VND/kg. In Dak Nong, coffee prices have increased to 124,000 VND/kg and are forecast to show no signs of cooling down. Just from […]
23
Apr
Apr
July Arabica coffee traded on Monday closed down 4.2 cents/pound and Robusta coffee closed up $53 at $4,133/ton. The recovery of Arabica coffee supply has created pressure to liquidate buying positions on the futures exchange on the first day of the week. While the supply of Robusta coffee, especially from Vietnam, at this time continues […]
21
Apr
Apr
July Arabica coffee traded on Friday at the end of the week closed up 0.75 cents/pound and Robusta coffee closed up at $4,080/ton, up $18. While coffee prices rose moderately on Friday, they were still well below Thursday’s significant highs. A weakening dollar over the weekend spurred buying activity in the two markets. Robusta supply […]
20
Apr
Apr
The main reason is still because demand is too high while supply is very little. Currently, in the world, Vietnamese coffee is “alone in the market” because countries such as Indonesia, Brazil, and India are not yet in harvest season. It wasn’t until July, when Brazil harvested coffee, that supply improved. Meanwhile, on the London […]
19
Apr
Apr
May Arabica coffee traded on Thursday closed down 8.10 cents/pound and May Robusta coffee closed down $153/ton. Intraday markets gave up early gains early on as there was a sharp sell-off after a strengthening dollar caused futures liquidation following this week’s strong rally. Coffee price details today April 19, 2024 The buying of funds has […]