DAILY: Vietnamese coffee prices decreased by 500 VND on May 3, 2024
Friday, May 3,2024![](/weblocalfiles/huong/thang5nam2024/252024155410giacaphe.jpg)
AsemconnectVietnam - On Friday, Robusta coffee prices in Vietnam's Central Highlands, the country's largest coffee-growing area fell by 500 VND to VND127,000 – VND127,700 per kg compared to Yesterday, according to Kinhtedothi.
Gia Nghia of Dak Nong provided the maximum price of VND127,700/kg, while traders in Lam Dong province offered the lowest price of VND127,000. Robusta coffee decreased to VND127,000 per kg in Bao Loc, Di Linh, and Lam Ha; to VND127,400 per kg - VND127,500 per kg in Dak Lak; to VND127,600 - VND127,700 in Dak Nong; to VND127,400 per kg in Kon Tum, and to VND127,400 - 127,500 per kg in Gia Lai.
The General Statistics Office said that coffee exports in April 2024 reached 170,000 tonnes, valued at more than 644 million USD, down 10% in volume and 4.1% in turnover compared to the previous month; but increase 3.9% in volume and increase sharply 61.5% in turnover compared to the same period in 2023. In the first 4 months of this year, coffee exports reached 755,696 tonnes, valued at more than 2.57 billion USD, an increase of 5.4% in volume and a sharp increase of 57.9% in turnover compared to the same period in 2023.
The average export coffee price in April 2024 increased to 3,791 USD/tonne, up 6.6% over the previous month and up 55.4% over the same period in 2023. Overall in the first 4 months, the average export coffee price reached 3,402 USD/tonne, an increase of 49.7% over the same period in 2023.
T.Huong
Source: Vitic/Kinhtedothi
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