Coffee price today in Vietnam, February 4: The Central Highlands region adjusted to increase by 300 VND/kg

Published 2022년 2월 4일

Tridge summary

Vietnam has increased its domestic coffee prices by 300 VND/kg, with the lowest price in Lam Dong province at 39,900 VND/kg. Meanwhile, global coffee prices are on the rise, with robusta coffee in London reaching $2,234 per ton and arabica coffee in New York at 243.90 US cents/lb. Brazil remains the largest coffee supplier to Greece, followed by Vietnam as the third largest. The COVID-19 pandemic has impacted coffee trade between Greece and Vietnam, but the 2022 outlook is positive due to the EU-Vietnam Free Trade Agreement and anticipated faster customs clearance of goods.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Update domestic coffee prices See more: Coffee price today 5/2 According to a survey on giacaphe.com at 9:40 a.m., coffee price today simultaneously increased by 300 VND/kg. In which, Lam Dong province recorded the lowest price of 39,900 VND/kg. Next are the two provinces of Gia Lai and Dak Nong with the same level of 40,400 VND/kg. Similarly, Dak Lak province also adjusted the purchase price today, reaching 40,500 VND/kg. Update world coffee prices In the world market, coffee prices continue to go up. Accordingly, the price of online robusta coffee in London delivered in March 2022 was recorded at $2,234 per ton after increasing by 1.36% (equivalent to $30). The price of arabica coffee delivered in March 2022 in New York reached 243.90 US cents/lb, up 2.14% (equivalent to 5.10 US cents) at the time of the survey at 9:40 am (Vietnam time). Brazil is the largest coffee supplier to Greece (in terms of volume), reaching 20 thousand tons, worth EUR 44 million (equivalent to USD ...

Source: Vietnambiz