Coffee prices, July 27: Increase in the world market

In the world market

In the world market, the coffee prices today, July 27, turn to increase back in boh exchanges after many days of opposite adjustments.

Ending the latest session, the Robusta coffee price in London exchange delivered in September 2021 increases by US$ 65 per ton at US$ 1,964 per ton and increases by US$ 68 per ton at US$ 1,975 per ton for November delivery.

Likewise, the Arabica coffee price delivered in September 2021 increases by Cent 18.80 per pound at Cent 207.8 per pound and increases by Cent 18.75 per pound at Cent 210.7 per pound for December delivery.

These increases in both Robusta and Arabica coffee prices are due to the frosty weather in Brazil.

In addition, the outbreak of the Covid-19's new waves globally has caused many markets to re-establish social distancing measures. Slowdowns in supply from many producing countries result from a lack of shipping containers and rising freight fees.

Currently, the world coffee market is "trading according to the weather." But with the current frost weather in Brazil, it is unknown whether the speculators on the two exchanges have immediately taken profits or still let the price at high levels.

In summary, in the world market, coffee prices today, July 27, simultaneously increase in the two exchanges.

In the domestic market

In the domestic market, coffee prices today, July 27, increase slightly 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 37,300 per kilogram.

In Cu M'gar district, Dak Lak province, the coffee price is VND 38,200 per kilogram. In Ea H'leo and Buon Ho districts, Dak Lak province, coffee prices are currently at VND 38,100 per kilogram.

In Gia Nghia and Dak R'lap districts, Dak Nong province, coffee is purchased at VND 38,100 and VND 38,000 per kilogram.

The coffee price today in Chu Prong district, Gia Lai province, is VND 38,100 per kilogram. In Pleiku City and La Grai district, the coffee prices are the same at VND 38,000 per kilogram.

Kontum province’s traders purchase coffee at the price of VND 38,100 per kilogram.

In summary, coffee prices today, July 27, in the domestic market are trading at the range of VND 37,300-38,200 per kilogram.