Vietnamese coffee exports continue to benefit in price; Brazilian exports are showing many positive signs

According to congthuong.vn According to data from the Vietnam Commodity Exchange (MXV), at the end of the October 17 trading session, the prices of two coffee products increased despite many positive signs of coffee exports in Brazil. extreme in the first half of October. Accordingly, Arabica prices increased by 1.88% after a decline at the beginning of the week. Robusta price extended its upward momentum for the 4th consecutive session when closing at a price 1.05% higher than the reference. Coffee prices increased in yesterday's trading session. The Brazilian Foreign Trade Secretariat (Secex) said that in the first two weeks of October, Brazil exported an average of 13,300 tons of coffee per day, an increase of 26.4% compared to the national average. October 2022. The increase in Brazil's coffee supply comes from a nearly 7% increase in 2023 output compared to last year. However, in the weekly report of the Brazilian government's Crop Supply Agency (CONAB), Arabica prices in ...