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Brewing Up a Storm: Coffee Prices Perk Up in Latest Market Shift - News Directory 3

Brewing Up a Storm: Coffee Prices Perk Up in Latest Market Shift

September 8, 2024 Catherine Williams Business
News Context
At a glance
  • The current domestic coffee market prices range from 119,800 to 120,900 VND/kg, indicating a slight increase of 300-400 VND/kg.
  • In Di Linh, Lam Ha, and Bao Loc districts of Lam Dong, the current coffee price is 119,800 VND/kg.
  • In Dak Lak province, the coffee price in Cu M'gar district is 120,500 VND/kg, while in Ea H'leo and Buon Ho districts, the price is 120,400 VND/kg.
Original source: vietbao.vn

Coffee Prices Today (September 7): Domestic Prices Increase Slightly

The current domestic coffee market prices range from 119,800 to 120,900 VND/kg, indicating a slight increase of 300-400 VND/kg.

Domestic coffee prices vary across different regions. In Di Linh, Lam Ha, and Bao Loc districts of Lam Dong, the current coffee price is 119,800 VND/kg.

In Dak Lak province, the coffee price in Cu M’gar district is 120,500 VND/kg, while in Ea H’leo and Buon Ho districts, the price is 120,400 VND/kg.

In Dak Nong province, the coffee purchase price is 120,900 VND/kg in Gia Nghia and 120,800 VND/kg in Dak R’lap.

Gia Lai province reports a coffee price of 120,500 VND/kg in Chu Prong, and 120,400 VND/kg in Pleiku and Ia Grai. Kon Tum province also has a coffee price of 120,500 VND/kg.

The domestic coffee market has experienced a slight increase compared to the previous day, with a nationwide average price of 120,600 VND/kg.

In the global market, the latest trading session saw a decrease in Robusta coffee prices for September 2024 delivery, down by 141 USD/ton to 4,770 USD/ton, and for November 2024 delivery, down by 129 USD/ton to 4,555 USD/ton.

Arabica coffee prices also decreased, with September 2024 delivery down by 7.55 cents/lb to 236.65 cents/lb, and December 2024 delivery down by 7.40 cents/lb to 235.25 cents/lb.

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