Coffee prices in Vietnam and the world today, 9/6/2023; shocked increase, surpassing the threshold of 65,000 VND/kg
Raw Common Coffee Bean
Vietnam
Published Jun 9, 2023
Tridge summary
Coffee prices today 9/6/2023 in the world and domestic markets increased hot. In which, the domestic coffee price increased to 2,200 VND/kg, to 64,500 - 65,200 VND/kg.
Original content
World coffee price today 9/6 Coffee prices today 9/6 in the world market simultaneously increased hot at both major exchanges. At the time of the survey, the price of Robusta coffee on the London floor for delivery in July 2023 increased sharply by 86 USD/ton (equivalent to 3.22%); to $2,760/ton. And the price of coffee delivered in September 2023 on this floor is also increasing to 90 USD (equivalent to 3.41%); at $2,726/ton. And the price of Arabica coffee on the New York Stock Exchange delivered in July 2023 increased by 9.45 cents/lb (equivalent to 5.1%); to 194.85 cents/lb. For the September delivery term, the price of coffee on this floor increased by 8.65 cents/lb (equivalent to 4.75%) at 190.35 cents/lb. World coffee price today continued to increase shockingly when it increased over 3.2% on the London floor and increased over 4.7% on the New York floor. The reason for the strong increase came from concerns about El Nino situation threatening coffee supply. It is ...
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