November 27, 2024 | 10:20 GMT +7
November 27, 2024 | 10:20 GMT +7
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Coffee prices on May 28 in the world market remained stable at both major exchanges.
At the time of the survey, the price of Robusta coffee on the London exchange for delivery in July 2023 was $2,574/ton. And the price of coffee delivered in September 2023 on this exchange is $2528/ton.
The price of Arabica coffee on the New York Stock Exchange delivered in July 2023 remained at 181.60 cents/lb. For the September delivery term, the price of coffee on this exchange is also anchored at 179.55 cents/lb.
World coffee prices today have no new fluctuations. This week, the global coffee market fell simultaneously.
In particular, the price of Arabica coffee on the New York Stock Exchange is down 10.6 cents/lb in the July term. The price of Robusta coffee on the London exchange for July delivery is down $14/ounce.
In the last session of the week, the market was mixed when the price increased slightly on the London exchange but fell on the New York exchange, amid heightened risk aversion. Wall Street investors speculated that the Fed would be assertive again at the upcoming monetary policy meeting.
Thus, the price of coffee on 05/28/2023 in the world market is sideways compared to yesterday.
Coffee price on May 28 in the domestic market has no new changes compared to yesterday.
Specifically, the price of Lam Dong coffee (in 3 districts of Di Linh, Bao Loc, and Lam Ha) is being purchased at VND 60,500/kg today.
In Cu M'gar district (Dak Lak), the price of coffee today remained at VND 61,100/kg. In Ea H'leo and Buon Ho districts, today's coffee price in Dak Lak is kept at VND 61,000/kg.
Coffee prices in Gia Nghia and Dak R'lap of Dak Nong province today were purchased at VND 61,100 and VND 61,000/kg, respectively.
In Gia Lai, the price of coffee in Chu Prong today is at VND 60,800/kg; while at Pleiku and La Grai are holding at VND 60,700/kg.
The price of coffee today in Kon Tum is being purchased at VND 60,800/kg.
The domestic coffee price today is maintaining stable at VND 61,000/kg. This week, the domestic coffee market is increasing strongly, although the price on the London exchange decreased slightly.
Accordingly, the domestic coffee price has increased by VND 1,300 - 1,400/kg, becoming the second consecutive week of strong increase (last week, the domestic coffee price increased sharply by VND 4,400/kg).
Thus, the price of coffee on 05/28/2023 in the domestic market trades around the threshold of VND 60,500 - 61,100/kg.
$1 = VND 23,290.00 - Source: Vietcombank
Translated by Hoang Duy
(VAN) Coffee prices on November 26, 2024, continue to rise. Domestic coffee prices have increased by VND 2,000, reaching the range of VND 120,800 - 122,000/kg.
(VAN) Pepper prices on November 26, 2024, surged sharply in Indonesia. Domestically, pepper prices increased by VND 1,000, trading at VND 140,000 - 141,000/kg.
(VAN) Rice prices on November 26, 2024: Remain steady for both paddy and rice. As for exports, the price of Vietnamese rice remains at a high level.
(VAN) Live pig prices on November 26, 2024, fluctuate by VND 1,000 - 2,000. The live pig market in all three regions is trading around VND 59,000 - 63,000/kg.
(VAN) Coffee prices on November 25, 2024, remained steady on the London and New York exchanges. Meanwhile, domestic prices increased by VND 1,500.
(VAN) Pepper prices on November 25, 2024, remained steady in global markets. Currently, domestic pepper prices are trading around VND 139,000 - 140,000/kg.
(VAN) Rice prices on November 25, 2024, are stable domestically. For exports, Vietnamese rice prices remain steady, ranging from $ 410 to $ 522/ton.