July 10, 2025 | 01:09 GMT +7
Hotline: 0913.378.918
July 10, 2025 | 01:09 GMT +7
Hotline: 0913.378.918
Update on the latest domestic and world prices on 08/4/2023
Coffee prices on August 4 in the world simultaneously decreased at both major exchanges.
At the time of the survey, the price of Robusta on the London exchange for delivery in September 2023 decreased by $29/ton, to $2,645/ton. And the November delivery term on this exchange decreased by $16/ton, at $2,516/ton.
The price of Arabica on the New York exchange for September delivery fell 2.20 cents/lb; down to 164.75 cents/lb. And December 2023 delivery fell by 2.35 cents/lb; at 164.00 cents/lb.
Latest coffee prices on New York and London exchanges
World coffee prices today decreased. Robusta on the London exchange decreased slightly, not more than 1%; and Arabica on the New York exchange fell sharply when losing 1.4% compared to yesterday.
Reports emerged earlier this summer that coffee producers (including JDE Peet's - the Dutch coffee company) are delaying purchases from Brazil - the leading coffee-growing country.
This is because they are waiting for prices to fall after bad weather limited supply for two years, instead of using up the stockpile accumulated during the pandemic.
Coffee producers expect a larger crop this year to lead to lower prices.
According to the USDA, Arabica production in Brazil in the crop year 2023-2024 will increase by 12% compared to the previous season due to favorable weather conditions.
According to BNN Bloomberg, despite the decline from the peak, Robusta prices are still at a 12-year high and are expected to remain volatile.
Thus, the price of coffee on 08/4/2023 in the world turned down compared to yesterday.
Coffee prices on August 4 in the country simultaneously decreased slightly by VND 300-400/kg compared to yesterday.
Specifically, in 3 districts of Di Linh, Bao Loc, and Lam Ha of Lam Dong province, they are trading at the same level of VND 66,600/kg.
In Cu M'gar district (Dak Lak), the price of coffee today is kept at VND 67,300/kg. In Ea H'leo and Buon Ho districts, today's coffee price in Dak Lak is kept at VND 67,200/kg.
In Dak Nong province, traders Gia Nghia and Dak R'lap are purchasing at VND 67,600 and VND 67,500/kg, respectively.
In Gia Lai, Chu Prong district is trading at VND 67,000/kg, while Pleiku and La Grai are holding at VND 66,900/kg.
The purchase price at Kon Tum today is VND 67,000/kg.
The domestic coffee price today turned down but is still above the threshold of VND 67,000/kg.
Thus, the price of coffee on August 4 in the country traded around the threshold of VND 66,600-67,600/kg.
$1 = VND 23,530.00 - Source: Vietcombank
Translated by Hoang Duy
(VAN) The average price was down 129 yen from the previous week and below 3,700 yen for the first time in 21 weeks. It dropped by over 100 yen for the third successive week.
(VAN) Global cereal production set to reach an all-time high, although hot and dry weather could impact yields.
(VAN) Coffee prices on July 3, 2025, declined globally, with Robusta dropping by 1.4%. Domestic prices fell by VND 900, trading at VND 94,300 – VND 94,800/kg.
'Rice prices keep rising while market activity stays sluggish, and many people are struggling to put food on the table,' a source in Ryanggang province told Daily NK.
(VAN) Japanese consumers have made a sharp shift away from high-priced rice to noodles and other cost-effective staples, the start of a possible sea-change in diets in the country, retailers and industry experts say.
(VAN) Global prices of key fertilizer ingredient urea have surged alongside escalating violence in the Middle East, which threatens to choke supplies of the crop nutrient from a significant producing and exporting region.
(VAN) Coffee prices on June 27, 2025, have rebounded globally. Domestic prices rose by VND 3,000, climbing to around VND 93,500 – VND 93,800/kg.
