Coffee price today in Vietnam and in the world, March 1, 2023: Domestic price increases again

Published 2023년 3월 1일

Tridge summary

World coffee prices on March 1, 2023, saw a slight increase in Robusta coffee prices on the London floor for May and July delivery, while Arabica coffee prices on the New York floor decreased slightly. Despite a slight increase on the London floor and a slight decrease on the New York floor, the world coffee market ended February 2023 with positive results, experiencing a 3.95% increase in Robusta coffee and a 9.05% increase in Arabica coffee. Coffee exports in February 2023 were estimated at 1.8 million tons, up 28.7%, but the first two months of the year decreased by 13.1% compared to the same period last year. The domestic coffee price in Vietnam also saw a slight increase on March 1, 2023.

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

Original content

World coffee price today 1/3 Coffee price today 1/3 in the world market increased and decreased in two major exchanges. At the time of the survey, the price of Robusta coffee on the London floor for delivery in May 2023 turned to increase slightly by 7 USD/ton (equivalent to 0.33%), to 2,140 USD/ton. And the price of coffee delivered in July 2023 on this floor increased by 8 USD/ton (equivalent to 0.38%), at 2,129 USD/ton. And the price of Arabica coffee on the New York floor for delivery in May 2023 decreased by 0.15 cents/lb (equivalent to 0.08%), to 186.30 cents/lb. For the delivery term in July 2023, the price of coffee on this floor was flat, staying at 184.90 cents/lb. World coffee prices fluctuated with a slight increase on the London floor but a slight decrease on the New York floor. After 3 consecutive falling sessions, the London floor had a slight increase again, while the decline was still very low on the New York floor. The world coffee market ended February 2023 with ...

Source: Agriculture