Coffee price today in Vietnam, February 3: The domestic market price increased by 300 VND/kg

Published Feb 3, 2022

Tridge summary

The article reports an increase in both domestic and global coffee prices. In Vietnam, the price of robusta and arabica coffee has risen by 300 VND/kg and 0.89% to 40,100 VND/kg and 238.80 US cents/lb respectively. Similarly, the price of robusta and arabica coffee in the world market has also increased by 1.19% and 0.89% to $2,204/ton and 238.80 US cents/lb. From January to November 2021, Greece experienced a 7.6% increase in the average import price of coffee, reaching 4,521 EUR/ton, driven by higher prices from markets like Brazil, Vietnam, Colombia, and Honduras. Despite this, Greece's coffee imports saw a significant increase in volume and value both domestically and internationally.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Update domestic coffee prices According to a survey on giacaphe.com at 9:20 a.m., coffee price today simultaneously increased by 300 VND/kg. In which, Lam Dong province recorded the lowest price of 39,600 VND/kg. Next are Gia Lai and Dak Nong provinces with the same price of 40,100 VND/kg. Similarly, Dak Lak province also adjusted the purchase price today, increasing to 40,200 VND/kg. Update world coffee prices In the world market, the price of coffee continued to increase. Accordingly, the price of online robusta coffee in London delivered in March 2022 was recorded at $2,204/ton after an increase of 1.19% (equivalent to $26). The price of arabica coffee delivered in March 2022 in New York reached 238.80 US cents/lb, up 0.89% (equivalent to 2.10 US cents) at the time of the survey at 9:20 am (Vietnam time). In the 11 months of 2021, the average import price of Greek coffee reached 4,521 EUR/ton (equivalent to 5,153 USD/ton), an increase of 7.6% over the same period in 2020, ...

Source: Vietnambiz