Tuesday, February 27,2024 - 3:50 GMT+7  Việt Nam EngLish 

DAILY: Vietnamese coffee prices remained unchanged on November 28 

 Tuesday, November 28,2023

AsemconnectVietnam - On Tuesday, 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.
Despite a high export revenue recorded so far this year, the coffee sector is advised to enhance the quality and competitiveness of their products to better conquer the world market.
 Statistics from the General Department of Vietnam Customs showed that in the first 11 months of this year, Vietnam exported 1.36 million tonnes of coffee for 3.5 billion USD, up 3.4% year on year.
However, the export volume is decreasing in the recent two months, mostly due to low inventories.
Vietnam has the sixth largest coffee farming area in the world but the second biggest output thanks to high yields. However, the supply is dropping although Vietnam is entering a new harvesting season, leading to a hike in prices.
Do Ha Nam, Vice Chairman of the Vietnam Coffee-Cocoa Association (Vicofa), said that the coffee price will further increase if farmers pay greater attention to enhancing the quality of material coffee. He advised farmers to concentrate on the harvesting stage and ensure the traceability of their products to meet export requirements, especially in the European market, the largest market of Vietnamese coffee.
 Nam noted that among the 720,000 hectares of coffee across the country, only 185,000 hectares have received sustainable production certificates of different kinds, accounting for only a small part of the total area.
 Following are domestic Robusta coffee  prices on November 28, in Vietnam's Central Highlands:
 
District/City
Purchase price
(VND/kg)
Vs. November 27
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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