DAILY: Vietnamese coffee prices rose by 200 VND on June 14

Trade News

DAILY: Vietnamese coffee prices rose by 200 VND on June 14

Wednesday, June 14,2023

AsemconnectVietnam - On Wednesday, Robusta coffee prices in Vietnam's Central Highlands, the country's largest coffee-growing area increased by 200 VND to VND 64,200 - VND 64,900 per kg compared to Yesterday, according to Kinhtedothi.com.

Cư M'gar of Dak Lak provided the maximum price of VND64,800/kg, while traders in Lam Dong province offered the lowest price of VND64,200/kg. Robusta coffee increased to VND64,200 per kg in Bao Loc, Di Linh, and Lam Ha; to VND 64,700 – VND64,800 per kg in Dak Lak; to VND 64,800 – VND 64,900 per kg in Dak Nong; to VND64,700 per kg in Kon Tum, and to VND64,400 - VND64,500 per kg in Gia Lai.

Buon Ma Thuot city of the Central Highlands province of Dak Lak - Vietnam’s largest coffee-producing region - has put plans in place to become a global coffee city with a distinctive identity to place it on the world map for lovers of the drink.

Buon Ma Thuot is known for its coffee products with exquisite and flavourful blends that are highly favoured worldwide.

It also holds an important position in terms of politics and economy, serving as a hub in the Central Highlands region, which boasts beautiful landscapes and cultural, historical, and artistic heritage of significant value.

Particularly, the ecological and agricultural conditions have helped the locality produce Robusta coffee of higher quality than many other old-world robusta coffee-producing countries.

In addition, Buon Ma Thuot is also famous for its distinctive festivals that are well-known among both domestic and international tourists. These include the Gong Culture Festival and the water wharf worshipping festival. Notably, the Buon Ma Thuot Coffee Festival, which was recognised as a national-level festival, is held every two years.

Following are domestic Robusta coffee prices on June 14, in Vietnam's Central Highlands:

District/City	Purchase price (VND/kg)	Vs, June 13
LAM DONG
— Bao Loc ROBUSTA	64,200	+200
— Di Linh ROBUSTA	64,200	+200
— Lam Ha ROBUSTA	64,200	+200
DAK LAK
— Cư M'gar ROBUSTA	64,800	+200
— Ea H'leo ROBUSTA	64,700	+200
— Buon Ho ROBUSTA	64,700	+200
GIA LAI
— Pleiku ROBUSTA	64,400	+200
— Ia Grai ROBUSTA	64,400	+200
— Chư Prong ROBUSTA	64,500	+200
ĐAK NONG
— Đak R'lap ROBUSTA	64,900	+200
— Gia Nghia ROBUSTA	64,800	+200
KON TUM
— Đak Ha ROBUSTA	64,700	+200

T.Huong
Source: Vitic/Kinhtedothi

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