Coffee prices in Vietnam today, March 5, 2023: This week increased by 600-800 VND/kg

Published 2023년 3월 5일

Tridge summary

World coffee prices remained stable on March 5, 2023, with Robusta coffee priced at $2,162/ton and $2,150/ton for May and July delivery respectively, and Arabica coffee priced at $177.85/lb and $177.20/lb for the same months. The domestic market saw no changes, with coffee priced between 47,600 VND/kg and 48,000 VND/kg in various provinces. The domestic market has seen an increase this week, with prices rising by 600-800 VND/kg.

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

Original content

World coffee price today 5/3 Coffee price today 5/3 in the world market remained stable at both major exchanges. At the time of the survey, the price of Robusta coffee on the London floor for delivery in May 2023 was at $2,162/ton. And the price of coffee delivered in July 2023 on this floor is 2,150 USD/ton. The price of Arabica coffee on the New York Stock Exchange delivered in May 2023 remained at 177.85 cents/lb. For the delivery term in July 2023, the price of coffee on this floor is at 177.20 cents/lb. World coffee prices this week fluctuated with a slight increase on the London floor but a slight decrease on the New York floor. Accordingly, the price of Robusta coffee in London delivered in May 2023 increased by 11 USD/ton; The price of Arabica coffee delivered in May 2022 decreased slightly by 9.72 cents/lb. Compared to last week, the volatility has been much shorter. In the last session of the week, the price of coffee on the 2 major exchanges tended to decrease. The ...

Source: Agriculture