April 16, 2025 | 09:18 GMT +7
Hotline: 0913.378.918
April 16, 2025 | 09:18 GMT +7
Hotline: 0913.378.918
Update on the latest coffee market price on 05/16/2023
World coffee price on May 16
Coffee prices on May 16 in the world market increased sharply at both major exchanges.
At the time of the survey, the price of Robusta coffee on the London exchange for delivery in July 2023 increased by $56/ton (equivalent to 2.3%); to $2,488/ton.
And the price of coffee delivered in September 2023 on this exchange increased by $55/ton (equivalent to 2.28%); at $2,464/ton.
And the price of Arabica coffee on the New York Stock Exchange delivered in July 2023 increased sharply by 6.55 cents/lb (equivalent to 3.58%); to 189.40 cents/lb.
For the September delivery term, the price of coffee on this exchange increased by 6.10 cents/lb (equivalent to 3.38%), at 186.75 cents/lb.
Latest coffee prices on New York and London exchange
World coffee prices today increased sharply, increasing by over 2.2% on the London exchange and increasing by over 3.3% on the New York exchange.
The fear of short-term supply shortage continues to support the uptrend of coffee prices. In addition, the dollar fell as investors waited for information on the settlement of the ceiling public debt, making this commodity even stronger.
Thus, the price of coffee on 05/16/2023 in the world market increased sharply compared to yesterday.
Domestic coffee price on May 16
Coffee price on May 16 in the domestic market increased sharply by VND 1,000/kg compared to yesterday.
Specifically, the price of Lam Dong coffee (in 3 districts of Di Linh, Bao Loc, and Lam Ha) is currently being purchased at VND 55,900/kg.
In Cu M'gar district (Dak Lak), the price of coffee today is VND 56,300/kg. In Ea H'leo and Buon Ho districts, today's coffee price in Dak Lak is at VND 56,200/kg.
Coffee prices in Gia Nghia and Dak R'lap of Dak Nong province today were purchased at VND 56,300 and VND 56,200/kg, respectively.
In Gia Lai, the price of coffee in Chu Prong today is at VND 56,200/kg; while at Pleiku and La Grai are holding at VND 56,100/kg.
The price of coffee today in Kon Tum is being purchased at VND 56,200/kg.
The domestic coffee price today increased sharply and easily surpassed the mark of VND 56,000/kg.
Thus, the price of coffee on 05/16/2023 in the domestic market is traded around the threshold of VND 55,900 - 56,300/kg.
$1 = VND 23,250.00 - Source: Vietcombank
Translated by Hoang Duy
(VAN) Pepper prices on April 15, 2025: Global market sees mixed fluctuations, while domestic prices remain stable, trading around VND 154,000 - 157,000/kg.
(VAN) Coffee prices on April 15, 2025, have surged globally. Domestic coffee prices rose by VND 2,600, reaching the range of VND 126,300 - 127,200/kg.
(VAN) Pepper prices on April 14, 2025, remain unchanged both domestically and globally. Domestic pepper is still trading around VND 154,000 – 157,000/kg.
(VAN) Coffee prices on April 14, 2025, is flat both domestically and globally. Domestic coffee is being traded at a range of VND 123,700 to VND 125,000/kg.
(VAN) It’s eaten with almost every meal, used to make sushi, made into sweets, fermented into alcohol and offered to the spirits at religious ceremonies.
(VAN) Pepper prices on April 11, 2025, show a slight recovery from both domestic and global markets. Prices stay at VND 148,000 to VND 150,000/kg domestically.
(VAN) Coffee prices on April 11, 2025, increased slightly domestically, at VND 117,300 to VND 119,000/kg, up by VND 1,000 to VND 1,300/kg over yesterday.
