Friday, February 23,2024 - 20:29 GMT+7  Việt Nam EngLish 

DAILY: Vietnamese coffee prices remained unchanged on November 27 

 Monday, November 27,2023

AsemconnectVietnam - On Monday, Robusta coffee prices in Vietnam's Central Highlands, the country's largest coffee-growing area remained unchanged at VND57,700 – VND58,500 per kg compared to Yesterday, according to Kinhtedothi.

Gia Nghia of Dak Nong provided the maximum price of VND58,500/kg, while traders in Lam Dong province offered the lowest price of VND57,700. Robusta coffee stayed at VND57,700 in Bao Loc, Di Linh, and Lam Ha;  at  VND58,400  – VND58,500  per kg in Dak Lak; at VND58,200 – VND58,300  in Dak Nong; at  VND58,200 per kg in Kon Tum, and at VND58,100 – VND58,200  per kg in Gia Lai.
In the first 10 months of this year, Vietnam shipped 52,174 tonnes of coffee to Algeria, earning 116 million USD, up 52% in volume and 67% in value year-on-year. This year’s export turnover is estimated at 125 million USD, marking a 47% increase from 2022.
There is ample room for Vietnamese coffee in the Algerian market because importers and consumers in the African country favour the coffee's quality and taste, said Vietnamese Trade Counsellor in Algeria Hoang Duc Nhuan.
 
Nhuan said Algeria is now among the top 10 importers of Vietnam's raw coffee. Vietnamese coffee accounts for 30-50% of Algeria's total coffee import. For several years, coffee has also been Vietnam's biggest export item to Algeria, making up over 60% of Vietnam's total export revenue from this market.
 
According to the trade counsellor, Vietnamese raw coffee also has potential to expand its market share in other African countries, especially those in North Africa such as Egypt, Libya, Morocco and Tunisia, which want to import raw coffee and green coffee beans for roasting and processing to meet the taste of local consumers, increase added value while generating more jobs to local population.
 
Following are domestic Robusta coffee  prices on November 27, in Vietnam's Central Highlands:
 
District/City
Purchase price
(VND/kg)
Vs. November 26
LAM DONG
 
 
— Bao Loc ROBUSTA
57,700
      -
— Di Linh  ROBUSTA
57,700
-
— Lam Ha  ROBUSTA
57,700
-
DAK LAK
 
 
— Cư M'gar  ROBUSTA
58,500
      -
— Ea H'leo  ROBUSTA
58,400
-
— Buon Ho  ROBUSTA
58,400
-
GIA LAI
 
 
— Chư Prong  ROBUSTA
58,200
      -
— Pleiku  ROBUSTA
58,100
-
— La Grai  ROBUSTA
58,100
-
ĐAK NONG
 
 
— Gia Nghia  ROBUSTA
58,300
-
— Đak R'lap  ROBUSTA
58,200
-
KON TUM
 
 
— Đak Ha  ROBUSTA
58,200
-
 
T. Huong
Source: Vitic/Kinhtedothi
 

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