AsemconnectVietnam - On Tuesday, Robusta coffee prices in Vietnam's Central Highlands, the country's largest coffee-growing area decreased by 700 VND to VND65,700 – VND66,100 per kg compared to Yesterday, according to Kinhtedothi.

Gia Nghia of Dak Nong provided the maximum price of VND66,100/kg, while traders in Lam Dong province offered the lowest price of VND65,700/kg. Robusta coffee fell to VND65,700/kg in Bao Loc, Di Linh, and Lam Ha; to VND 65,900 – VND 66,000 per kg in Dak Lak; to VND 66,000 – VND 66,100 per kg in Dak Nong; to VND64,700 per kg in Kon Tum, and to VND65,700 - VND65,800 per kg in Gia Lai.
According to statistics released by the General Department of Customs of Vietnam, the Asian nation shipped 934,900 tonnes of coffee, or 15.58 million bags, as of June 15 – a 3.7% on-year. However, export revenue rose 3% to $2.4 billion over the same period, the agency said.
If export turnover reaches about $360 million a month from now until end of this year, the sector will set a new record of $4.5 billion in 2023, an increase of 10.9% compared to 2022.
Vietnam aims to review coffee plantation areas, putting a cap on nationwide cultivation at 600,000 hectares and focusing on high-quality coffee, according to the government’s sustainable coffee plan with a vision towards 2030.
Coffee trading in Vietnam remained sluggish last week as the markets took a hit due to the months-long scarcity of beans, reports Reuters.
Cherries were growing fine with supportive weather despite concerns over the El NiNo that may hurt crops, said another trader in the report.
Vietnamese coffee has been present in 38 markets worldwide, of which it enjoys an export turnover of over 10 million in 25 markets and more than $100 million in six traditional ones.
Following are domestic Robusta coffee prices on July 11, in Vietnam's Central Highlands:


T.Huong
Source: Vitic/Kinhtedothi