Category Archives: Coffee

Latest coffee news in vietnam and the world

What did the Chairman of VICOFA say when coffee prices increased crazily before the harvest?

What did the Chairman of VICOFA say when coffee prices increased crazily before the harvest?

Last night, the Vietnamese coffee business community was abuzz when coffee prices on the ICE Futures Europe exchange (London, UK – opened at 4 p.m. and closed at 0:30 a.m. the next day, Vietnam time) continued the upward trend of last week when they reached an unprecedented level of 5,486 USD/ton for November delivery. Then, […]

Coffee prices hit record high

Coffee prices hit record high

Specifically, Arabica coffee prices increased by 0.3%, approaching the two-and-a-half-year high recorded in mid-July; Robusta coffee prices broke the record set in the previous session, creating a new historical peak when approaching the 5,000 USD/ton mark. The market continues to react to weather risks that could impact the outlook for Brazil’s 2025-2026 coffee crop. Fears […]

Export prices increased for 7 consecutive months, raking in billions from Asia to Europe

Export prices increased for 7 consecutive months, raking in billions from Asia to Europe

Illustration According to preliminary statistics from the General Department of Customs, in July 2024, Vietnam’s coffee exports reached nearly 77 thousand tons, equivalent to 381 million USD, up 9.7% in volume, up 18.2% in turnover compared to June 2024 and prices increased by 7.8%, reaching 4,951 USD/ton. In the first 7 months of 2024, our […]

Vietnam’s billion-dollar treasure is about to break its price record, easily surpassing the $5 billion target this year.

Vietnam’s billion-dollar treasure is about to break its price record, easily surpassing the  billion target this year.

Illustration. According to estimates from the Import-Export Department (Ministry of Industry and Trade), in June 2024, Vietnam exported 85 thousand tons of coffee, worth 382 million USD, up 7.1% in volume and 12.5% ​​in value compared to May 2024, compared to June 2023, down 40% in volume but up 0.4% in value. In the first […]