Tuesday, February 27,2024 - 3:49 GMT+7  Việt Nam EngLish 

DAILY: Vietnamese coffee prices rose by 600 VND on December 6 

 Wednesday, December 6,2023

AsemconnectVietnam - On Wednesday, Robusta coffee prices in Vietnam's Central Highlands, the country's largest coffee-growing area rose by 600 VND to VND59,100 – VND60,100 per kg compared to Yesterday, according to Kinhtedothi.

Gia Nghia of Dak Nong provided the maximum price of VND60,100/kg, while traders in Lam Dong province offered the lowest price of VND59,100. Robusta coffee increased to VND59,100 in Bao Loc, Di Linh, and Lam Ha; to VND60,000 – VND60,100 per kg in Dak Lak;to VND60,000 – VND60,100 in Dak Nong; to VND59,900 per kg in Kon Tum, and to VND59,800 – VND59,900 per kg in Gia Lai.
According to the Ministry of Agriculture and Rural Development, the country shipped 1.36 million tonnes of coffee abroad, earning nearly 3.5 billion USD.
Vietnam entered the new 2023-2024 coffee crop which began in October, when the export price reached a record high, at 3,603 USD per tonne, up 9% month-on-month, and 40% year-on-year.
With over 710,000 hectares, Vietnam ranks sixth in the world in terms of coffee farming area, but has the second biggest output thanks to high yields.
However, out of the total area, only 185,000 hectares have received sustainable production certificates of different kinds.
Experts advised localities to expand such kind of area to meet strict requirement of international markets.
At present, the EU is Vietnam’s biggest coffee importer, followed by the US and Japan. Although coffee exports to China do not account for a high proportion, many Vietnamese businesses are paying much attention to this market which has an average increase of more than 25% per year in imports.
Following are domestic Robusta coffee prices on December 6, in Vietnam's Central Highlands:

District/City

Purchase price

(VND/kg)

Vs. December 5

LAM DONG

 

 

— Bao Loc ROBUSTA

59,100

     +600

— Di Linh  ROBUSTA

59,100

     +600

— Lam Ha  ROBUSTA

59,100

     +600

DAK LAK

 

 

— Cư M'gar  ROBUSTA

60,100

     +600

— Ea H'leo  ROBUSTA

60,000

     +600

— Buon Ho  ROBUSTA

60,000

     +600

GIA LAI

 

 

— Chư Prong  ROBUSTA

59,900

     +600

— Pleiku  ROBUSTA

59,800

     +600

— La Grai  ROBUSTA

59,800

     +600

ĐAK NONG

 

 

— Gia Nghia  ROBUSTA

60,100

     +600

— Đak R'lap  ROBUSTA

60,000

     +600

KON TUM

 

 

— Đak Ha  ROBUSTA

59,900

     +600


T.Huong
Source: Vitic/Kinhtedothi

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