Concerns about Asian supply increased when news emerged that Houthi terrorists fired anti-ship ballistic missiles at cargo ships around the Red Sea area… London Robusta coffee price chart for March 2024 term, January 16, 2024 At the end of the trading session, Robusta coffee prices on ICE Europe – London continued the upward trend. The […]
Category Archives: Coffee
Latest coffee news in vietnam and the world
17
Jan
Jan
Rising tensions in the Red Sea have supported London coffee futures prices in the short term… Robusta London chart March 2024 January 12, 2024 At the end of the weekend trading session, Robusta coffee prices on ICE Europe – London had a mixed trend. March delivery futures increased by 1 USD, to 2,939 USD/ton, while […]
16
Jan
Jan
The shutdown of maritime transport routes through the Red Sea region continues to cause concerns about Robusta supply shortages from Asian countries… Robusta London chart March 2024 January 15, 2024 At the end of the first trading session of the week, Robusta coffee prices on the ICE Europe – London floor continued the upward trend. […]
15
Jan
Jan
Risk concerns are increasing with the possibility that the Fed will maintain its interest rate cut stance and the shipping crisis causing tight supply from Asia has pushed London prices up… Robusta London chart for Tuesday week 2 (January 6, 2024 – January 13, 2024) For the whole week of February 2024, the London market […]
14
Jan
Jan
The US Department of Agriculture (USDA) forecasts that global coffee production in the 2023-2024 crop year will reach 171.4 million bags, while consumption will be at a record level of 169.5 million bags. World coffee inventories are expected to fall to a 12-year low of 26.5 million bags. According to a recent report from USDA, […]
13
Jan
Jan
Rising tensions in the Red Sea have supported London futures prices in the short term… Robusta London chart March 2024 January 12, 2024 At the end of the weekend trading session, Robusta coffee prices on ICE Europe – London had a mixed trend. March delivery futures increased by 1 USD, to 2,939 USD/ton, while May […]
12
Jan
Jan
Fears of delayed SEA coffee deliveries due to rising tensions in the Red Sea will support London futures prices at high levels… Robusta London chart March 2024 January 11, 2024 At the end of the trading session, Robusta coffee prices on ICE Europe – London floor adjusted after 5 consecutive sessions of increase. The March […]
Coffee
Domestic prices reached a historic peak, our country is the second largest exporter in the world
12
Jan
Jan
According to preliminary statistics from the General Department of Customs, Vietnam’s coffee exports in December reached 207,613 tons with a value of nearly 600 million USD, a sharp increase of 74% in volume and 68.1% in value. compared to the previous month. For the whole year of 2023, our country earned more than 4.2 billion […]
12
Jan
Jan
Oil increased 1% Oil prices rose about 1% after Iran seized an oil tanker off the coast of Oman, increasing the risk of escalating conflict in the Middle East. Closing the session on January 11, Brent crude oil increased 61 US cents or 0.8% to 77.41 USD/barrel, while WTI oil increased 65 US cents or […]
11
Jan
Jan
Price resistance in Vietnam’s domestic market has pushed Robusta coffee futures prices to continue to increase… Robusta London chart March 2024 January 10, 2024 At the end of the trading session, Robusta coffee prices on ICE Europe – London extended their increasing streak to the fifth session. The March delivery term increased by 18 USD, […]