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, […]
Category Archives: Coffee
Latest coffee news in vietnam and the world
In the trading session of Robusta coffee on the London (UK) floor on September 12 (local time), the price of Robusta coffee for November delivery increased to an average of 5,077 USD/ton, an increase of 69 USD/ton compared to the previous day; the highest price recorded was 5,115 USD/ton, an increase of 107 USD/ton. At […]
In the derivatives market, according to the Vietnam Commodity Exchange MXV, at the end of the trading session on August 26, the price of Arabica coffee increased by 0.95% to 5,503.83 USD/ton, the highest level in two and a half years, continuing the upward trend from the end of last week. Concerns about dry weather […]
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 […]
Illustration Oil down 2% Oil prices closed down nearly 2%, but were little changed for the week, as investors scaled back expectations for demand growth from China, the world’s largest oil importer. At the end of the session on August 16, Brent oil decreased by 1.36 USD or 1.7% to 79.68 USD/barrel. WTI oil decreased […]
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 […]
According to the Vietnam Commodity Exchange (MXV), at the end of the trading session on August 7, the prices of two coffee products continued to increase sharply. Specifically, the price of Arabica coffee jumped 4.39% to 5,429.98 USD/ton, setting a three-week high; the price of Robusta coffee was also 2.24% higher than the reference price, […]
Illustration Oil prices down Oil prices fell about 1.5% and were on track for a weekly decline on weak Chinese demand and hopes a ceasefire in Gaza could ease Middle East tensions and supply concerns. At the close of the July 26 session, Brent crude fell $1.24 or 1.5% to $81.13/barrel. WTI crude fell $1.12 […]
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 […]
Robusta coffee futures in London hit $4,844 a tonne on July 9, up about 70 percent over the past year and a 13-year high, due to poor harvests in the world’s main coffee-growing countries in Southeast Asia. Coffee prices on supermarket shelves in the UK, which have risen by around 15% this year, could rise […]