Coffee prices, July 29: Move sideways in the domestic market

In the world market

In the world market, the coffee prices today, July 29, have opposite adjustments in two exchanges compared to yesterday.

Ending the latest session, the Robusta coffee price in London exchange delivered in September 2021 increases by US$ 3 per ton at US$ 1,930 per ton and increases by US$ 3 per ton at US$ 1,943 per ton for November delivery.

In contrast, the Arabica coffee price delivered in September 2021 decreases by Cent 1.3 per pound at Cent 200.45 per pound and decreases by Cent 1.25 per pound at Cent 203.35 per pound for December delivery.

From July 29, 2021, according to the request from the broker, the deposit for an Arabica coffee lot will increase from US$ 8,250 to US$ 9,900, while the exchange's official requirement is US$9,000. Likewise, from July 30, 2021, the deposit for a Robusta coffee lot will increase from US$ 1,375 to US$ 1,628.

In summary, in the world market, coffee prices today, July 29, are adjusted oppositely in the two exchanges, after a slight decrease yesterday.

In the domestic market

In the domestic market, coffee prices today, July 29, move sideways in some key provinces compared to yesterday morning.

Specifically, coffee prices today in Di Linh, Bao Loc, and Lam Ha districts of Lam Dong province are the same at VND 37,200 per kilogram.

In Cu M'gar district, Dak Lak province, the coffee price is VND 38,100 per kilogram. In Ea H'leo and Buon Ho districts, Dak Lak province, coffee prices are currently at VND 38,000 per kilogram.

In Gia Nghia and Dak R'lap districts, Dak Nong province, coffee is purchased at VND 38,000 and VND 37,900 per kilogram.

The coffee price today in Chu Prong district, Gia Lai province, is VND 38,000 per kilogram. In Pleiku City and La Grai district, the coffee prices are the same at VND 37,900 per kilogram.

Kontum province’s traders purchase coffee at the price of VND 38,000 per kilogram.

In summary, coffee prices today, July 29, in the domestic market are trading at the range of VND 37,200-38,100 per kilogram.