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Coffee prices in Vietnam and the rest of the world today, December 3, 2022; the market simultaneously fell

Raw Common Coffee Bean
Vietnam
Published Dec 3, 2022

Tridge summary

Coffee prices today 3/12/2022 in the world market and the country turned down. Which, the domestic coffee price decreased slightly by 100 VND, to the threshold of 40,500 - 41,100 VND/kg.

Original content

World coffee price today 3/12 In the world market, the price of coffee today 3/12 dropped simultaneously at both major exchanges. At the time of the survey, the price of Robusta coffee on the London floor for delivery in January 2023 decreased slightly by 4 USD/ton (equivalent to 0.21%), to 1,888 USD/ton. And the price of coffee delivered in March 2023 on this floor is also decreasing by 9 USD/ton (equivalent to 0.49%), at 1,846 USD/ton. And the price of Arabica coffee on the New York Stock Exchange for delivery in March 2023 fell sharply by 6.15 cents/lb (equivalent to 1.9%), to 165.6 cents/lb. For delivery in May 2023, the price of coffee on this floor is also down 3.3 cents/lb (equivalent to 1.98%), at 163.2 cents/lb. The world coffee market today continued to decline sharply on the New York Stock Exchange and turned down slightly on the London floor. World coffee prices fell simultaneously due to disappointment in GDP growth in the third quarter was less than expected, and ...
Source: Agriculture
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