November 15, 2024 | 20:11 GMT +7
Hotline: 0913.378.918
November 15, 2024 | 20:11 GMT +7
Hotline: 0913.378.918
Update on the latest coffee market prices on 06/25/2023
Coffee prices on June 25 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 kept at $2,738/ton. And the price of coffee delivered in September 2023 on this exchange is $2,676/ton.
The price of Arabica coffee on the New York exchange delivered in July 2023 was 164.85 cents/lb. For the delivery term in September 2023, the price of coffee on this exchange was kept at 163.85 cents/lb.
Latest coffee prices on New York and London exchange
World coffee prices today have no new changes compared to yesterday. This week, the global coffee market dropped sharply.
In which, the price of Robusta coffee for spot delivery in July decreased by $58/ton. The price of Arabica coffee for July delivery fell sharply by 20.05 cents/lb.
In the last sessions of the week, both London and New York exchanges continuously fell under the pressure of the first delivery announcement day of the July term at the beginning of next week. In addition, the USD rebound has also put great pressure on the prices of most commodity markets.
Thus, the price of coffee on 06/25/2023 in the world market is flat compared to yesterday.
Coffee price on June 25 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 64,600/kg today.
In Cu M'gar district (Dak Lak), the price of coffee today remained at VND 65,100/kg. In Ea H'leo and Buon Ho districts, today's coffee price in Dak Lak is kept at VND 65,000/kg.
Coffee prices in Gia Nghia and Dak R'lap of Dak Nong province today were purchased at VND 65,300 and VND 65,200/kg, respectively.
In Gia Lai, the price of coffee in Chu Prong today is at VND 64,800/kg; while at Pleiku and La Grai are holding at VND 64,700/kg.
The price of coffee today in Kon Tum is being purchased at VND 64,800/kg.
The domestic coffee price today is maintaining stable around the threshold of VND 65,000/kg. Summarizing this week, the domestic coffee market dropped sharply when losing up to VND 1,500/kg compared to last week.
Thus, the price of coffee on 06/25/2023 in the domestic market traded around the threshold of VND 64,600 - 65,300/kg.
$1 = VND 23,320.00 - Source: Vietcombank
Translated by Hoang Duy
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