Coffee prices in Vietnam on February 23: Coffee prices simultaneously decreased

At the end of the trading session, Robusta coffee prices on ICE Europe - London exchange reversed and decreased. The March delivery term decreased by 22 USD, to 3,152 USD/ton and the May delivery term decreased by 28 USD, to 3,085 USD/ton, sharp drops. Trading volume remains quite high above average. Similarly, the price of Arabica coffee on the ICE US - New York floor also tends to decrease. Futures for May delivery decreased by 1.70 cents, to 181.45 cents/lb and futures for July delivery decreased by 1.60 cents, to 180.50 cents/lb, sharp drops. Trading volume remains above average. Coffee prices in the Central Highlands provinces today decreased by 1,000 VND/kg. Specifically, localities are purchasing coffee at prices ranging from 81,800 - 82,800 VND/kg. Among them, Lam Dong province recorded the lowest price of 81,800 VND/kg, followed by Gia Lai province with a price of 82,400 VND/kg. Dak Lak province and Dak Nong province recorded prices of 82,500 VND/kg and 82,800 VND/kg, ...