Category Archives: Coffee

Risk concerns increased after the US Department of Labor’s November jobs report, causing DXY to rise to a 3-week high, has prompted speculation on coffee futures exchanges to liquidate net holdings… Robusta London chart January 2024, December 8, 2023 At the end of the weekend trading session, Robusta coffee prices on the ICE Europe – […]

According to statistics from the General Department of Customs, in November 2023, Vietnam’s coffee exports reached 80 thousand tons, earning 252 million USD, down 37.9% in volume and 17.5% in value. compared to November 2022. The previous October, Vietnam’s coffee exports were at a record low of only 43,720 tons, worth about 157.6 million USD. […]

Expectations that the US November employment report (ADP) published today, will influence the Fed’s interest rate cut at next week’s meeting, have encouraged funds and speculation to return to the markets. Increased commodity purchases have fueled market price increases. Robusta London chart January 2024, December 7, 2023 At the end of the trading session, Robusta […]

According to survey by Industry and Trade Magazine coffee prices today in the Central Highlands region increased from 600 – 800 VND/kg, fluctuating between 60,000 – 60,900 VND/kg. Specifically, today’s coffee price in Lam Dong increased by 600 VND/kg, to 60,000 VND/kg – the lowest among the surveyed localities. Coffee price in Gia Lai increased […]

Mercon Coffee Group, one of the world’s largest coffee traders, has filed for bankruptcy protection in the US due to an “exceptionally challenging operating environment”, according to a document provided to Reuters news agency. Mercon, which has operations in all major manufacturing regions including Brazil, Vietnam and Central America, said in a letter to customers […]

Lowest oil price in 6 months Oil prices fell to a six-month low, as investors worried about slowing energy demand in the US and China, along with output from the US remaining near record highs. Closing the trading session on December 7, Brent crude oil decreased 25 US cents to 74.05 USD/barrel and West Texas […]

Expected global surplus causes coffee futures prices to reverse and decline… Robusta London chart January 2024, December 6, 2023 At the end of the trading session, Robusta coffee prices on ICE Europe – London exchange reversed and decreased. The January delivery term decreased by 21 USD, to 2,564 USD/ton and the March delivery term decreased […]

Fears of a decline in global coffee production have pushed the market to increase prices… Robusta London chart January 2024, December 5, 2023 At the end of the trading session, Robusta coffee prices on ICE Europe – London floor reversed and recovered. January delivery futures increased by 39 USD, to 2,585 USD/ton and March delivery […]

Coffee futures prices continue to adjust due to speculators taking short-term profits and the market decreasing purchasing power… Robusta London chart January 2024 December 4, 2023 At the end of the first trading session of the week, Robusta coffee prices on the ICE Europe – London exchange continued a downward trend. January delivery futures decreased […]

The world can import less coffee from Vietnam – the world’s largest robusta coffee growing country. This is the type of coffee used in instant drinks and popular esporesso coffee today. Lower output and growing domestic demand have limited export supply. Mr. Do Ha Nam, Vice Chairman of the Vietnam Coffee and Cocoa Association, said […]