Coffee price in Vietnam today 9/8: Suddenly sideways in the first trading of the week

Published 2021년 8월 9일

Tridge summary

The article reports a decrease in both local and global coffee prices. In Vietnam, coffee prices have slowed down and are rangeing from 35,500 VND/kg to 38,100 VND/kg across different provinces. Meanwhile, the price of robusta and arabica coffee in the world market has also seen a decline, with robusta at $1,743/ton and arabica at 176 US cents/lb for September delivery. The U.S., the world's leading coffee consumer, has seen a shift in preference towards coffee and is projected to grow its coffee market at an average of 4.8% per year from 2020 to 2025. Germany, leading in European coffee imports, has a strong coffee roasting industry and a high per capita coffee consumption.

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Original content

Update coffee prices in the country See more: Coffee price today 10/8 According to tintaynguyen.com, coffee price today simultaneously slowed down in all surveyed provinces. Records show that the lowest price of 35,500 VND/kg is available in Lam Dong province. Next, the provinces of Dak Lak, Gia Lai, Dak Nong and Kon Tum are purchasing coffee in the range of 36,300 - 36,700 VND/kg. Similarly, coffee is being traded at 38,100 VND/kg in Ho Chi Minh City, unchanged from last week. Update world coffee prices In the world market, the price of coffee continues to fall. Accordingly, the price of online coffee robusta in London for September delivery in September 2021 was recorded at $1,743/ton after a decrease of 1.19% (equivalent to $21). The price of arabica coffee delivered in September 2021 in New York reached 176 US cents/lb, down 0.51% (equivalent to 0.90 US cents) at the time of the survey at 7am (Vietnam time). According to the survey, Americans consume about 400 million cups ...

Source: Vietnambiz