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World coffee price today on 28/3/2023 where Vietnam's increased by 400 VND/kg

Raw Common Coffee Bean
Vietnam
Published Mar 28, 2023

Tridge summary

World coffee prices today 28/3 Coffee prices today 28/3 in the world market increased and decreased in contrast at 2 major exchanges. At the time of the survey, the price of Robusta coffee on the London floor for delivery in May 2023 increased by $25/ton (equivalent to 1.14%), to $2,214/ton. And the price of coffee delivered in July 2023 on this floor only increased by 1 USD/ton (equivalent to 0.05%), at 2,166 USD/ton. Meanwhile, the price of Arabica coffee on the New York Stock Exchange for delivery in May 2023 dropped sharply by 2.35 cents/lb (equivalent to 1.31%), to 176.90 cents/lb. For the delivery term in July 2023, the price of coffee on the floor is down 2.15 cents/lb (equivalent to 1.21%), at 176.15 cents/lb. The world coffee price today continued to increase on the London floor but fell sharply on the New York floor. This morning, the price of gold fell sharply while crude oil rose. All agricultural product floors increased except for Arabica coffee and rice. Inventory report on the London floor on the weekend of March 24 has decreased by 820 tons (equivalent to a decrease of 13,667 bags, 60 kg bags) contributing to the increase of Robusta.

Original content

World coffee price today 28/3 Coffee prices today March 28 in the world market increased and decreased in two major exchanges. At the time of the survey, the price of Robusta coffee on the London floor for delivery in May 2023 increased by $25/ton (equivalent to 1.14%), to $2,214/ton. And the price of coffee delivered in July 2023 on this floor only increased by 1 USD/ton (equivalent to 0.05%), at 2,166 USD/ton. Meanwhile, the price of Arabica coffee on the New York Stock Exchange for delivery in May 2023 dropped sharply by 2.35 cents/lb (equivalent to 1.31%), to 176.90 cents/lb. For the delivery term in July 2023, the price of coffee on the floor is down 2.15 cents/lb (equivalent to 1.21%), at 176.15 cents/lb. The world coffee price today continued to increase on the London floor but fell sharply on the New York floor. This morning, the price of gold fell sharply while crude oil rose. All agricultural product floors increased except for Arabica coffee and rice. Inventory report ...
Source: Agriculture
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