Coffee market in Vietnam today, October 4, 2023: Domestic prices suddenly plummeted following world prices

Updated Oct 4, 2023
Domestic coffee prices today, October 4, 2023, are down to 64,800 - 65,600 VND/kg. The two world trading floors are completely red. Arabica coffee prices reversed compared to the previous session, falling to near a 9-month low, in the context of improved weather in the leading producer - Brazil.
Price developments In the domestic market, coffee prices in key regions decreased sharply by 1,000 VND to an average price of 65,300 VND/kg. The lowest price in Lam Dong left the mark of 65,000 VND/kg; The remaining provinces of Dak Lak, Gia Lai and Dak Nong have prices above 65,000 VND/kg. Coffee prices in the Central Highlands provinces Forum of coffee makers On the world market, the price of robusta futures in November 2023 on the London exchange dropped sharply by 51 USD, equivalent to 2.07%, to 2,410 USD/ton, after hitting a 5-month low in the early trading session. The price of Arabica for December 2023 futures delivery on the New York floor reversed and decreased by 0.35 cents, equivalent to 0.23%, closing at 148.75 US cents/lb - the lowest since mid-January 2023, achieved this week. before. Robusta coffee prices in London Unit: USD/Ton | Trading unit: lot = 10 tons Forum of coffee makers Arabica coffee prices in New York Unit: USD Cent/lb | 1USD = ...
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.