Coffee prices in Vietnam today, March 6, 2023: Highest at 48,000 VND/kg

Published 2023년 3월 6일

Tridge summary

World coffee prices remained stable on March 6, 2023, with Robusta coffee in London and Arabica coffee in New York maintained at $2,162/ton and $177.85 cents/lb. respectively. The stability of world coffee prices is attributed to the significant increase in coffee inventories and active trading. In Vietnam, the domestic coffee market saw a high price of 48,000 VND/kg, with a recent sharp increase of 600-800 VND/kg last week. The current domestic price is around 47,600 - 48,000 VND/kg.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

World coffee price today 6/3 Coffee prices today on March 6 in the world market continued to move sideways at both major exchanges. At the time of the survey, the price of Robusta coffee on the London floor for delivery in May 2023 kept at $2,162/ton. And the price of coffee delivered in July 2023 on this floor is at 2,150 USD/ton. The price of Arabica coffee on the New York Stock Exchange delivered in May 2023 was anchored at 177.85 cents/lb. For the delivery term in July 2023, the price of coffee on this floor is at 177.20 cents/lb. World coffee prices are maintaining stable on both London and New York bourses. Last week, the global coffee market was mixed. In which, the London market had 3 increasing sessions and 2 decreasing sessions. The price of Robusta coffee for spot in May increased by all 11 USD, or 0.51%, and for July delivery, increased by all 13 USD (0.61%), slight increases. In the New York market, coffee prices continued to extend their downward streak throughout ...
Source: Agriculture

Would you like more in-depth insights?

Gain access to detailed market analysis tailored to your business needs.
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.