Coffee prices, July 22: Continue to increase

In the world market

In the world market, the coffee prices today, July 22, continue to increase, in which Arabica coffee price continues to increase sharply.

Ending the latest session, Robusta coffee price in London exchange delivered in September 2021 increases by US$ 18 per ton at US$ 1,779 per ton, and increases by US$ 24 per ton at US$ 1,787 per ton for November delivery.

Meanwhile, Arabica coffee price delivered in September 2021 increases by Cent 9.2 per pound at Cent 176 per pound, and increases by Cent 9.2 per pound at Cent 178.9 per pound for December delivery.

As a result, Arabica coffee price has continued to increase sharply, up 5.52% to the highest level in the past five years. This also benefits Robusta coffee benefit with increasing by over 1%.

In the domestic market

Coffee prices today, July 22, increase by an average of VND 400 per kilogram in the domestic market compared to yesterday morning.

Specifically, coffee prices in Di Linh, Bao Loc, and Lam Ha districts of Lam Dong province today are the same at VND 35,700 per kilogram.

In Cu M'gar district, Dak Lak province, the coffee price is kept at VND 36,600 per kilogram. In Ea H'leo and Buon Ho districts, Dak Lak province, coffee prices are currently at VND 36,500 per kilogram.

In Gia Nghia and Dak R'lap districts of Dak Nong province, coffee is purchased at VND 36,500 per kilogram and VND 36,400 per kilogram, respectively.

The coffee price today in Chu Prong, Gia Lai province is at VND 36,500 per kilogram, and in Pleiku and La Grai at VND 36,400 per kilogram.

Traders in Kon Tum province purchase coffee at the price of VND 36,500 per kilogram.

In summary, coffee prices today, July 22, are trading at the range of VND 35,700-36,600 per kilogram in the domestic market.