AsemconnectVietnam - On Monday, Robusta coffee prices in Vietnam's Central Highlands, the country's largest coffee-growing area rose by 300 VND to VND67,200 – VND68,200 per kg compared to Yesterday, according to Kinhtedothi.

Gia Nghia of Dak Nong provided the maximum price of VND67,800/kg, while traders in Lam Dong province offered the lowest price of VND67,200/kg. Robusta coffee increased to VND67,200 in Bao Loc, Di Linh, and Lam Ha; to VND67,700 – VND67,800 per kg in Dak Lak; to VND68,100 - VND68,200 in Dak Nong; to VND67,600 per kg in Kon Tum, and to VND67,500 - VND67,600 per kg in Gia Lai.
Vietnam’s coffee exports in the first eight months of 2023 stood at 1.2 million metric tons, a fall of 5.4% from the same period of last year, government customs data showed on Monday.
Coffee export revenue for the period reached $2.9 billion, up 3.1% against the Jan-Aug period of 2022, Vietnam Customs said in a statement.
The U.S. Department of Agriculture (USDA) suggests that Vietnam's coffee production for the 2022/2023 season decreased compared to the previous season, but the decline was less severe (6% decrease) and reached 29.7 million bags (60 kg/bag), equivalent to 1.78 million tons.
The coffee industry should step up the digitalisation of the value chain to get ready for the European Union (EU)’s Deforestation Regulation (EUDR) to maintain and expand exports to this bloc, according to the Việt Nam Trade Office in Belgium.
The coffee industry should step up the digitalisation of the value chain to get ready for the European Union (EU)’s Deforestation Regulation (EUDR) to maintain and expand exports to this bloc, according to the Việt Nam Trade Office in Belgium.
The trade office said that the law passed by the European Parliament on May 16 and taking effect from December 30, 2024, required companies to demonstrate their products weren’t sourced from deforested land or land with forest degradation.
The law targets cattle, cocoa, coffee, palm oil, rubber, soy and wood as well as commodities fed by or made using these products such as leather, chocolate, printed paper and furniture.
As a major coffee exporter to the EU, Việt Nam should get prepared for the law to maintain and expand coffee exports to the bloc, raising the pressing need for digitalisation of the value chain.
The trade office said that enterprises would have more than one year left to comply with the law. For companies of micro and small sizes, the time was longer.
For the coffee industry, exporters must ensure that the products weren’t sourced from deforested land or land with forest degradation to be eligible for entering the EU market.
Following are domestic Robusta coffee prices on September 18, in Vietnam's Central Highlands:


T.Huong
Source: Vitic/Kinhtedothi