Coffee prices, July 30: Decrease slightly in the domestic market

In the world market

In the world market, the coffee prices today, July 30, turn to decrease in two exchanges compared to yesterday.

Ending the latest session, Robusta coffee price in London exchange delivered in September 2021 decreases by US$ 45 per ton at US$ 1,885 per ton and decreases by US$ 43 per ton at US$ 1,900 per ton for November delivery.

Likewise, Arabica coffee price delivered in September 2021 decreases by Cent 3.95 per pound at Cent 196.5 per pound and decreases by Cent 4.05 per pound at Cent 199.3 per pound for December delivery.

Arabica coffee price has continued to decline, in the context of the frost in Brazil did not have much impact on key coffee-growing areas.

The world coffee prices are currently on a downward trend because the exchanges have continuously raised the deposit amount. Specifically, in New York exchange, the brokers have requested to increase the deposit from US$ 7,500 to US$ 9,000 in just one week. Likewise, London exchange also increased the deposit level.

In summary, in the world market, coffee prices today, July 30, simultaneously decrease in the two exchanges.

In the domestic market

In the domestic market, coffee prices today, July 30, decrease 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 36,900 per kilogram.

In Cu M'gar district, Dak Lak province, the coffee price is VND 37,800 per kilogram. In Ea H'leo and Buon Ho districts, Dak Lak province, coffee prices are currently at VND 37,700 per kilogram.

In Gia Nghia and Dak R'lap districts, Dak Nong province, coffee is purchased at VND 37,700 and VND 37,600 per kilogram.

The coffee price today in Chu Prong district, Gia Lai province, is VND 37,700 per kilogram. In Pleiku City and La Grai district, the coffee prices are the same at VND 37,600 per kilogram.

Kontum province’s traders purchase coffee at the price of VND 37,700 per kilogram.

In summary, coffee prices today, July 30, in the domestic market are trading at the range of VND 36,900-37,800 per kilogram.