World coffee prices on March 18, 2023, fell sharply on both major exchanges due to concerns about the global banking crisis, strong selling sentiment before the new harvest in Brazil and Indonesia, and a hot trading session. The price of Robusta coffee in London for May delivery fell by 1.90%, and Arabica coffee for the same period on the New York Stock Exchange fell by 1.92%. The domestic market in Vietnam also saw a sharp decrease, with coffee prices falling from 47,000 VND/kg to 46,000 VND/kg in a day.
Additionally, the article mentions a recent increase in London's inventory report and a more positive supply outlook in leading exporting countries, Brazil and Colombia, which may continue to put downward pressure on prices. The domestic coffee price list as of March 18, 2023, shows prices ranging from 46,000 VND/kg to 46,400 VND/kg across various regions in Vietnam.