AsemconnectVietnam - On Monday, Robusta coffee prices in Vietnam's Central Highlands, the country's largest coffee-growing area remained unchanged at VND65,600 – VND66,300 per kg compared to Yesterday, according to Kinhtedothi.

Gia Nghia of Dak Nong provided the maximum price of VND66,300/kg, while traders in Lam Dong province offered the lowest price of VND65,600/kg. Robusta coffee stayed at VND65,600/kg in Bao Loc, Di Linh, and Lam Ha; at VND66,000 – VND66,100 per kg in Dak Lak; at VND66,200 – VND66,300 per kg in Dak Nong; at VND66,000 per kg in Kon Tum, and at VND65,900 - VND66,000 per kg in Gia Lai.
The Vietnam Coffee and Cocoa Association (VICOFA) forecasts that by the end of the year, Vietnam's coffee exports will still be favorable when demand increases while the source of goods has not improved.
It is forecasted that Vietnam's coffee output this year will decrease by 10%-15%/year due to unfavorable weather. In addition, the inflation in the past time has caused the price of raw materials and materials to increase, especially the price of agricultural materials, increasing by 2-3 times, causing the production and processing costs of coffee to increase, leading to higher selling prices. increase. Currently, Vietnamese coffee enterprises export to Europe from 1,6 to 1,7 million tons of coffee each year. The EU is the largest import market for Vietnamese coffee, accounting for 45% of total coffee exports.
Following are domestic Robusta coffee prices on July 31, in Vietnam's Central Highlands:


T.Huong
Source: Vitic/Kinhtedothi