Coffee price today in Vietnam, December 11, 2023, highest at 60,600 VND/kg

Published Dec 11, 2023

Tridge summary

World coffee prices on December 11, 2023, remained stable with the Robusta price at 2,569 USD/ton and Arabica price at 177.15 cents/lb on the London and New York exchanges. The domestic market in Vietnam also saw no new fluctuations with coffee prices trading around the threshold of 59,700 - 60,600 VND/kg. India and Vietnam are predicted to lead the growth of coffee consumption in the Asian market, with consumption forecast to increase by 37% and 32% respectively until 2027.

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

Original content

Coffee prices today December 11 in the world Around the world, the London and New York exchanges on December 11 remained stable. In particular, Robusta price on the London exchange for delivery in January 2024 remained at 2,569 USD/ton. And the March 2024 delivery term on this floor is anchored at 2,526 USD/ton. On the New York floor, Arabica price delivered in March 2024 is 177.15 cents/lb. And the May 2024 delivery term remains at 175.50 cents/lb. World coffee prices today remain stable. This week, both London and New York exchanges decreased according to the rise and fall of the USD and weather information in Brazil. In particular, the price of Robusta in London for delivery in January 2024 decreased slightly by 3 USD/ton; The price of Arabica delivered in March 2024 decreased sharply to 10.85 cents/lb. Thus, world coffee prices on December 11, 2023 are flat compared to yesterday. Coffee prices today December 11 in the country The domestic market on December 11 had no new ...

Source: Agriculture