Trade in Vietnam’s domestic market has begun to calm down as people focus on the approaching Lunar New Year… Robusta chart London 3/2023 session on 16/01/2023 At the end of the trading session alone at the beginning of the week, the price of Robusta coffee on the ICE Europe – London floor adjusted down. The […]
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Latest coffee news in vietnam and the world
Arabica coffee term 03/2023 (KCEH23) was unchanged because yesterday the US market was on holiday for Martin Luther King Jr., the old session closed at 151.70 cents/lbs. The USD had a quiet session in the context of the US market holiday of Martin Luther King Jr. and the market expects the Fed to be gentle […]
Robusta coffee term 03/2023 (LRCH23) reversed to decrease, down 9 USD (-0.47%), closing price at 1,907 USD/ton. The DXY index was mostly unchanged from the previous session’s close at 102.26 amid the Martin Luther King Jr. holiday market. and with inflation in the US easing after the release of US consumer price data, investors expect […]
The coffee markets continued to correct down as speculative capital flows were shifted to other markets because of more attractive profits… Robusta chart London 3/2023 session on 17/01/2023 At the end of the session, the price of Robusta coffee on ICE Europe – London continued to decrease. The March spot term decreased by 12 USD […]
The price of Robusta coffee for the term T03/2023 (LRCH23) dyed red on both coffee floors, down 12 USD (-0.63%), closing price at 1,895 USD/ton. More and more economic data proves that US inflation has been and is starting to decelerate. Last week was the US consumer price index CPI, and yesterday the Empire State […]
Arabica coffee term 03/2023 (KCEH23) ended the session slightly lower after the Martin Luther King Jr holiday, down 0.60 cents (-0.40%), closing price at 151.10 cents/lbs. The dollar fell against most major currencies as pressured by the possibility that the Bank of Japan could change policy and end the yield curve. US inflation is gradually […]
Fears of a global recession and a strengthening USDX have hampered the purchasing power of commodities in general… Robusta chart London 3/2023 session on 10/01/2023 At the end of the session, the price of Robusta coffee on ICE Europe – London reversed to decrease. The March spot futures fell by $20 to $1,840 per tonne […]
Arabica coffee term 03/2023 (KCEH23) continued the series of consecutive days of decline, down 7.15 cents (-4.52%), closing price at 150.90 cents/lbs. The dollar had a quiet session after Fed Chairman Jorome Powell did not mention a rate increase in his speech and did not comment on the Fed’s monetary policy at the central bank […]
The markets have shown technical signs of “overbought”, trading needs to be cautious in the new week… London Robusta chart March, 2023, week 2 (January 9, 2023 – January 14, 2023) For the whole 2nd week of 2023, the London market had 3 consecutive gaining and 2 decreasing sessions. The price of Robusta coffee for […]
Robusta coffee term 03/2023 (LRCH23) could not maintain the uptrend, reversed to decrease, decreased by 20 USD (-1.08%), the price closed at 1,840 USD/ton. The USD had a quiet session, ending the session with a slight increase of 0.097% to 103.27 while investors were limiting their exposure to the USD to wait for information on […]