Coffee price today in Vietnam, March 30, 2023: Continuing the downward trend

Raw Common Coffee Bean

Vietnam

Published Mar 30, 2023

Original content

World coffee price today 30/3 Coffee prices today on March 30 in the world market continued to decline at both major exchanges. At the time of the survey, the price of Robusta coffee on the London floor for delivery in May 2023 decreased slightly by 15 USD/ton (equivalent to 0.69%), down to 2,170 USD/ton. And the price of coffee delivered in July 2023 on this floor decreased by 9 USD/ton (equivalent to 0.42%), at 2,133 USD/ton. And the price of Arabica coffee on the New York floor for delivery in May 2023 continued to plummet by 4.05 cents/lb (equivalent to 2.33%), to 169.70 cents/lb. For the delivery term in July 2023, the price of coffee on this floor is also down 4.05 cents/lb (equivalent to 2.34%), at 168.95 cents/lb. World coffee prices today continued to decline on both exchanges. In which, a strong decline of more than 2% is still taking place on the New York Stock Exchange. Experts say that the reason why coffee prices have fallen recently is due to mixed information about ...

Source: Agriculture

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