AsemconnectVietnam - On Friday, Robusta coffee prices in Vietnam's Central Highlands, the country's largest coffee-growing area increased by 100 VND to VND90,700 – VND91,600 per kg compared to Yesterday, according to Kinhtedothi.

Gia Nghia of Dak Nong provided the maximum price of VND91,600/kg, while traders in Lam Dong province offered the lowest price of VND90,700/kg. Robusta coffee rose to VND90,700 per kg in Bao Loc, Di Linh, and Lam Ha; to VND 91,400 per kg - VND91,500 per kg in Dak Lak; to VND91,500 – VND91,600 in Dak Nong; to VND91,300 per kg in Kon Tum, and to VND91,300 – VND91,400 per kg in Gia Lai.
The Ministry of Agriculture and Rural Development (MARD) said that Vietnam exported 438,000 tonnes of coffee in the first two months of this year for 1.38 billion USD, a rise of 27.9% in volume and 85% in value over the same period last year.
In the first five months of the 2023-2024 coffee crop, Vietnam has shipped abroad 764,802 tonnes of coffee with a revenue of 2.36 billion USD, up 1.5% in volume and 39.4% in value compared to the same period of last crop. Largest markets of Vietnamese coffee include Germany, Italy, Japan, and Spain. Le Duc Huy, General Director of Simexco Daklak, said that the world's demand for Vietnamese Robusta coffee is high, while the domestic supply is lower than in previous years.
The Vietnam Coffee Cocoa Association (Vicofa) estimated that the coffee output in the 2024-2024 crop drops about 10% compared to the previous crop due to shrunken farming area, while inventories from the previous crop is at the lowest in many years and equivalent to one-third of that in the previous crop. This has led to a supply shortage, it said.
Following are domestic Robusta coffee prices on March 15, in Vietnam's Central Highlands:

T.Huong
Source: Vitic/Kinhtedothi