Category Archives: Coffee

Latest coffee news in vietnam and the world

The world market increased, the domestic market was aiming for 110,000 VND

The world market increased, the domestic market was aiming for 110,000 VND

May Arabica coffee traded on Wednesday closed up 1.10 cents/pound and Robusta coffee closed up $49. Coffee prices on Wednesday escaped downward pressure at the start of the session to close higher in both markets, on concerns about coffee crops in Brazil and Vietnam. Information from Vietnam Customs about the country’s 17% increase in export […]

Coffee “price storm” brought many contract disputes to court

Coffee “price storm” brought many contract disputes to court

That was the message raised by Mr. Nguyen Nam Hai, Chairman of the Vietnam Coffee and Cocoa Association (VICOFA), at the expanded VICOFA executive committee conference in Ho Chi Minh City on April 11. At the conference, a number of foreign invested (FDI) enterprises such as: Neumann, JDE,… stated the situation of supply chain disruption, […]

Not stopping at gold and silver, the flood of price increases spread to these important commodities

Not stopping at gold and silver, the flood of price increases spread to these important commodities

Cocoa prices skyrocketed In New York, cocoa futures prices surpassed $10,000 per ton for the first time recently, and have increased more than 120% this year. Research firm Citi Research expects cocoa trading to stabilize between $9,000 and $10,000 per ton over the next three to four weeks. Additionally, analysts at Citi said in a […]

Coffee prices on April 5, 2024

Coffee prices on April 5, 2024

May Arabica coffee traded on Thursday closed up 3.15 cents and Robusta coffee closed down $46, sitting at $3,766/ton.The market traded in a mixed session, with Arabica coffee rising to its highest level in nearly six months and Robusta coffee reaching a new record high, before gradually falling. Concerns that excessive drought in Vietnam will […]

The European coffee market is expected to reach 47.88 billion USD in 2024

The European coffee market is expected to reach 47.88 billion USD in 2024

According to data from Eurostat, in 2023, the EU imports 4.05 million tons of coffee, worth 20.79 billion USD; down 9% in volume and 10.2% in value compared to 2022. Article published in newspaper Agricultureclick here to view the original article. The reason why the European Union (EU) reduces coffee imports in 2023 is due […]

Robusta coffee is close to its highest level of the past 30 years

Robusta coffee is close to its highest level of the past 30 years

May Arabica coffee traded on Wednesday closed up 5.85 cents/pound and Robusta coffee closed up $149, sitting at $3,812/ton. If you don’t mind reading, please click on the link below to watch and listen on Youtube Robusta coffee prices have set a record for acceleration, increasing by more than $330/ton in two consecutive sessions, supporting […]