News

Coffee prices in Vietnam on April 13, 2024, continue to increase rapidly this week

Raw Common Coffee Bean
Vietnam
Market & Price Trends
Published Apr 14, 2024

Tridge summary

On April 13, 2024, global coffee prices remained stable, with Robusta coffee in London and Arabica in New York priced at 3,900 USD/ton and 224.65 cents/lb, respectively. Meanwhile, Vietnam saw a domestic price increase of 600 VND/kg, reaching 109,000 - 110,000 VND/kg, marking a significant rise of 10,000 VND/kg over two weeks in April. This period also witnessed a 5.9% increase in Vietnam's coffee export volume and a 56.7% surge in value compared to the same period in 2023, achieving the highest first-quarter export turnover on record.
Disclaimer: The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Coffee prices today April 13 around the world Around the world, the London and New York exchanges on April 13 simultaneously went sideways. In particular, the price of Robusta on the London exchange for delivery in May 2024 remains at 3,900 USD/ton. And the July 2024 delivery term is anchored at 3,852 USD/ton. On the New York floor, Arabica price for delivery in May 2024 remained around 224.65 cents/lb. And the July 2024 delivery term went sideways; at 220.45 cents/lb. World coffee prices today remain stable. To summarize this week, both London and New York exchanges simultaneously increased hotly. Specifically, the price of Robusta for May delivery increased sharply to 156 USD/ton, while the price of Arabica for May delivery increased to 12.15 cents/lb. Thus, world coffee prices on April 13, 2024 have no new fluctuations compared to yesterday. Coffee prices today April 13 in the country Domestically, the coffee market on April 13 increased by 600 VND/kg compared to yesterday. ...
Source: Agriculture
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