DAILY: Vietnamese coffee prices remained unchaged on March 27
Monday, March 27,2023AsemconnectVietnam - On Monday, Robusta coffee prices in Vietnam's Central Highlands, the country's largest coffee-growing area remained unchanged at VND48,000 – 48,400 per kg compared to Yesterday, according to Kinhtedothi.com.
Cư M'gar of Dak Lak provided the maximum price of VND48,400/kg, while traders in Lam Dong province offered the lowest price of VND48,000/kg. Robusta coffee increased to VND48,000 per kg in Bao Loc, Di Linh, and Lam Ha; to VND48,300- 48,400 per kg in Dak Lak; to VND48,200-48,300 per kg in Dak Nong; to VND48,300 per kg in Kon Tum, and to VND48,200-48,300 per kg in Gia Lai.
Vietnam exported 7,420 tonnes of coffee worth 18.77 million USD to the Netherlands in the first two months of the year, up 93.1% in volume and 105.7% in value year on year, according to the General Department of Vietnam Customs.
The average export price of Vietnamese coffee to the market also rose by 5.7% to 2,517 USD per tonne from one year ago.
In February alone, the country shipped 4,100 tonnes of coffee for 10.11 million USD to the Netherlands, up 110.3% in volume and 136.6% in value compared to February 2022.
Last year, the major suppliers of coffee to the Netherlands were mainly from the intra-EU market, including Belgium, Germany, France, Finland, and Italy. Meanwhile, Dutch coffee imports from non-EU markets also enjoyed double-digit growth, with Vietnam becoming the second largest foreign supplier.
Experts have advised Vietnamese enterprises to boost coffee exports to the Netherlands which is considered the gateway into the European market.
They also recommended that Vietnamese firms study consumer demand, logistics services, and distribution systems to further penetrate the Dutch and European markets.
Following are domestic Robusta coffee prices on March 27, in Vietnam's Central Highlands:
District/City |
Purchase price (VND/kg) |
Vs, March 26 |
LAM DONG |
|
|
— Bao Loc ROBUSTA |
48,000 |
- |
— Di Linh ROBUSTA |
48,000 |
- |
— Lam Ha ROBUSTA |
48,000 |
- |
DAK LAK |
|
|
— Cư M'gar ROBUSTA |
48,400 |
- |
— Ea H'leo ROBUSTA |
48,300 |
- |
— Buon Ho ROBUSTA |
48,300 |
- |
GIA LAI |
|
|
— Pleiku ROBUSTA |
48,300 |
- |
— Ia Grai ROBUSTA |
48,300 |
- |
— Chư Prong ROBUSTA |
48,200 |
- |
ĐAK NONG |
|
|
— Đak R'lap ROBUSTA |
48,200 |
- |
— Gia Nghia ROBUSTA |
48,300 |
- |
KON TUM |
|
|
— Đak Ha ROBUSTA |
48,300 |
- |
T.Huong
Source: Vitic/Kinhtedothi
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