Coffee prices, July 23: Shock increase by VND 1,800-2,000

In the world market

In the world market, the coffee prices today, July 23, continue to increase sharply.

Ending the latest session, in London exchange, the Robusta coffee price delivered in September 2021 increases by US$ 110 per ton at US$ 1,889 per ton and increases by US$ 108 per ton at US$ 1,895 per ton for November delivery.

Meanwhile, the Arabica coffee price delivered in September 2021 increases by Cent 17.65 per pound at Cent 193.65 per pound and increases by Cent 17.70 per pound at Cent 196.6 per pound for December delivery.

In summary, coffee prices today, July 23, have shock increases. The Arabica coffee price has been at the highest level in the past 6.5 years. Likewise, the Robusta coffee price has been at the highest level in the past 3.5 years.

In the domestic market

In the domestic market, coffee prices today, July 23, increase by an average of VND 1,800-2,000 per kilogram 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 37,500 per kilogram.

In Cu M'gar district, Dak Lak province, the coffee price is VND 38,400 per kilogram. In Ea H'leo and Buon Ho districts, Dak Lak province, coffee prices are currently at VND 38,300 per kilogram.

In Gia Nghia and Dak R'lap districts, Dak Nong province, coffee is purchased at VND 38,300 and VND 38,200 per kilogram.

The coffee price today in Chu Prong district, Gia Lai province, is VND 38,300 per kilogram.

Kontum province’s traders purchase coffee at the price of VND 38,300 per kilogram.

In summary, coffee prices today, July 23, in the domestic market are trading at the range of VND 37,500-38,400 per kilogram.