DAILY: Vietnamese coffee prices increased by 100 VND on August 30
Wednesday, August 30,2023AsemconnectVietnam - On Wednesday, Robusta coffee prices in Vietnam's Central Highlands, the country's largest coffee-growing area rose by 100 VND to VND65,100 – VND66,000 per kg compared to Yesterday, according to Kinhtedothi.
Gia Nghia of Dak Nong provided the maximum price of VND66,000/kg, while traders in Lam Dong province offered the lowest price of VND65,100/kg. Robusta coffee rose to VND65,100/kg in Bao Loc, Di Linh, and Lam Ha; to VND65,700 – VND65,800 per kg in Dak Lak; to VND65,900- VND66,000 in Dak Nong; to VND65,300 per kg in Kon Tum, and to VND65,200 - VND65,300 per kg in Gia Lai.
The Ministry of Agriculture and Rural Development and the Gia Lai Provincial People’s Committee have jointly broken ground on the construction of infrastructure supporting cooperatives in developing high-quality coffee growing areas in the central highlands.
With total investment of VND80 billion ($3.3 million), this forms part of the “Infrastructure Investment to Support Cooperatives in Developing Coffee Material Regions” project.
The ministry plans to form four standardized coffee growing areas in the central highlands on a total of 19,700 ha, in Gia Lai, Dak Lak, Kon Tum, and Dak Nong provinces.
Some 64 cooperatives with 5,230 coffee producing households in these localities will benefit from the project.
Following are domestic Robusta coffee prices on August 30, in Vietnam's Central Highlands:
T.Huong
Source: Vitic/Kinhtedothi
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