July 9, 2025 | 20:47 GMT +7

  • Click to copy
Tuesday- 14:36, 17/11/2020

Coffee price on Nov 17: Suddenly reaches its peak of the year

Coffee price in the Central Highlands on Nov 17 suddenly increased sharply, reaching its peak of the year, bringing domestic coffee price to VND 34.5 million/ton.
Coffee price updated on Nov 17 2020.

Coffee price updated on Nov 17 2020.

Global coffee price

On the world market, coffee price on Nov 17 continued to rise quickly on both major trading floors.

At the end of last week's trading session (Vietnam time), Robusta coffee delivery price in November 2020 in London increased by US$32/ton (2.3%), trading at US$1,426/ton; in March 2021 increased by US$30 at US$1,449/ton.          

On New York trading floor, Arabica coffee delivery price in December 2020 increased 6.4 cents/lb (5.86%) at 115.65 cents/lb, in March 2021 increased by 6.55 cents/lb. (8.84%) to 118.75 cents/lb.

Currently, Hurricane Iota is causing heavy damages to the major Arabica producing countries in the America, making transactions on the New York floor volatile. The weakening dollar and the optimistic recovery signals from major economies are boosting up coffee prices.

Thus, coffee price today Nov 17 2020 on the world market increased sharply in the context of the weakening dollar.

Domestic coffee price

Domestic coffee price today Nov 17 increased strongly following the world market. Coffee price in the Central Highlands reached the highest since the beginning of the year.

Specifically, the price of coffee in Di Linh district (Lam Dong) was at VND 33,900/kg, in Bao Loc district (Lam Dong) and Lam Ha (Lam Dong) at VND 33,900/kg.

In Cu M'gar district (Dak Lak), coffee price today remained stable at VND 34,000/kg. In Ea H'leo (Dak Lak) and Buon Ho (Dak Lak) districts, coffee price remained at VND 34,500/kg.

In Gia Nghia and Dak R'lap of Dak Nong province, coffee price today was at VND 34,400/kg.

In Gia Lai province, the price of Chu Prong coffee today was VND 34,300/kg, in Pleiku and La Grai VND 34,400/kg. Coffee price in Kon Tum today increased to VND 34,400/kg.

Export roasted and instant coffee are favored by many countries around the world, so the export turnover increased, accounting for 12% of the country's total export volume.

It is expected that this year, Vietnam's coffee exports will reach about 1.3 million tons with an export turnover of more than US$2 billion.

Thus, domestic coffee price on Nov 17 was around VND 33,900 - 34,500/kg.

VAN

Author: Bang Nghiem. Translated by Meagan Phan. Edited by Duc Huy.

Japan average rice price down for 6th straight week

Japan average rice price down for 6th straight week

(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.

FAO Food Price Index up slightly in June due to higher meat, dairy and vegetable oil prices

FAO Food Price Index up slightly in June due to higher meat, dairy and vegetable oil prices

(VAN) Global cereal production set to reach an all-time high, although hot and dry weather could impact yields.

Coffee prices on July 3, 2025: Robusta reverses and drops sharply

Coffee prices on July 3, 2025: Robusta reverses and drops sharply

(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.

N. Korean rice prices stabilize at record highs

N. Korean rice prices stabilize at record highs

'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.

Rising rice prices fueling consumer shift toward noodles, pasta

Rising rice prices fueling consumer shift toward noodles, pasta

(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.

Global Urea prices surge on Middle East conflict

Global Urea prices surge on Middle East conflict

(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.

Coffee prices on June 27, 2025: Market rebounds

Coffee prices on June 27, 2025: Market rebounds

(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.

Read more