DAILY: Vietnamese coffee prices increased by 600 VND on March 22
Wednesday, March 22,2023AsemconnectVietnam - On Tuesday, Robusta coffee prices in Vietnam's Central Highlands, the country's largest coffee-growing area rose by 600 VND to VND47,000 – 47,400 per kg compared to Yesterday, according to Kinhtedothi.com.
Cư M'gar of Dak Lak provided the maximum price of VND47,400/kg, while traders in Lam Dong province offered the lowest price of VND47,000/kg. Robusta coffee increased to VND47,000 per kg in Bao Loc, Di Linh, and Lam Ha; to VND47,300- 47,400 per kg in Dak Lak; to VND47,200-47,300 per kg in Dak Nong; to VND47,300 per kg in Kon Tum, and to VND47,200-47,300 per kg in Gia Lai.
Vietnam exported over 342,000 tonnes of coffee in the first two months of the year, earning 745 million USD, down 7% in volume and 9.5 percent in value year-on-year.
The Central Highlands province of Dak Lak – Vietnam’s capital of coffee – pocketed 798 million USD in coffee exports in 2022, accounting for 53.2% of the locality’s total export turnover.
This year, the province shipped abroad 380,000 tonnes of coffee bean out of its 550,000 tonnes harvested, the highest ever export volume.
The average export price of local coffee in the 2021-2022 crop reached 2,037 USD per tonne, 363 USD higher than that of the previous crop.
Following are domestic Robusta coffee prices on March 22, in Vietnam's Central Highlands:
District/City |
Purchase price (VND/kg) |
Vs, March 21 |
LAM DONG |
|
|
— Bao Loc ROBUSTA |
47,000 |
+600 |
— Di Linh ROBUSTA |
47,000 |
+600 |
— Lam Ha ROBUSTA |
47,000 |
+600 |
DAK LAK |
|
|
— Cư M'gar ROBUSTA |
47,400 |
+600 |
— Ea H'leo ROBUSTA |
47,300 |
+600 |
— Buon Ho ROBUSTA |
47,300 |
+600 |
GIA LAI |
|
|
— Pleiku ROBUSTA |
47,300 |
+600 |
— Ia Grai ROBUSTA |
47,300 |
+600 |
— Chư Prong ROBUSTA |
47,200 |
+600 |
ĐAK NONG |
|
|
— Đak R'lap ROBUSTA |
47,200 |
+600 |
— Gia Nghia ROBUSTA |
47,300 |
+600 |
KON TUM |
|
|
— Đak Ha ROBUSTA |
47,300 |
+600 |
T,Huong
Source: Vitic/Kinhtedothi
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