Coffee prices in Vietnam on September 26, 2023: This is the reason why coffee prices have not yet raised their necks

Updated Sep 27, 2023
At the end of the first trading session of the week, Robusta coffee prices on the ICE Europe - London floor dropped for the fifth consecutive session. November delivery futures decreased by 18 USD, to 2,443 USD/ton and January 2024 delivery futures decreased by 25 USD, to 2,344 USD/ton, very significant reductions. Trading volume is quite below average. Similarly, the price of Arabica coffee on the ICE US - New York floor has a continuous decreasing trend. December delivery futures decreased another 2.35 cents, to 148.80 cents/lb and March 2024 delivery futures also decreased another 2.35 cents, to 149.90 cents/lb, quite good decreases. Trading volume remains above average. The price of green coffee beans in the Central Highlands provinces today continued to decrease by 400 VND, fluctuating in the range of 65,700 - 66,400 VND/kg. Accordingly, Lam Dong province has the lowest price of 65,700 VND/kg. Next are Gia Lai province and Kon Tum province with 66,000 VND/kg. At the same time ...
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