DAILY: Vietnamese coffee prices increased by 100 VND on August 9
Wednesday, August 9,2023AsemconnectVietnam - On Wednesday, Robusta coffee prices in Vietnam's Central Highlands, the country's largest coffee-growing area rose by 100 VND to VND67,200 – VND68,000 per kg compared to Yesterday, according to Kinhtedothi.
Gia Nghia of Dak Nong provided the maximum price of VND67,000/kg, while traders in Lam Dong province offered the lowest price of VND67,100/kg. Robusta coffee rose to VND67,200/kg in Bao Loc, Di Linh, and Lam Ha; to VND67,700 – VND67,800 per kg in Dak Lak; to VND68,000 in Dak Nong; to VND67,400 per kg in Kon Tum, and to VND67,300 - VND67,400 per kg in Gia Lai.
Coffee exports from Vietnam are estimated to have decreased 6% in the first seven months of 2023 from a year earlier to 1.087 tonnes, equivalent to 18.2 million 60 kg (130 pound) bags, the General Statistics Office said on Saturday. Coffee export revenue for Vietnam, the world's biggest producer of the robusta bean, rose 6% to $2.8 billion in the January-July period, the agency said. Its coffee shipments in July are estimated at 80,000 tonnes, valued at $371 million.
Vietnam’s coffee cultivation thrives in diverse regions, with the Central Highlands, like Daklak and Lam Dong, as the primary robusta coffee producers, while regions like Son La and Dien Bien cultivate arabica beans.
Robusta beans prevail in Vietnam’s coffee market, known for their strength and bold flavor, making them a staple in traditional Vietnamese coffee styles. Robusta has become the go-to coffee bean used for instant coffee and manufacturers of caffeinated products and energy drinks.
Following are domestic Robusta coffee prices on August 9, in Vietnam's Central Highlands:
'
T.Huong
Source: Vitic.Kinhtedothi
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