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Coffee prices today, on July 19, 2023, in the domestic market have seen a slight increase.

19 July,2023

 

Updating coffee prices today, July 19, 2023, including online prices, prices in Tay Nguyen, Lam Dong, Kon Tum, green coffee beans, and Arabica coffee."

ca-phe-nong-dan

  •                Coffee prices today, July 17, 2023, in the domestic market continue to maintain an upward trend.
  •                Similarly, coffee prices today, July 18, 2023, in the domestic market remain at a high level.

Coffee prices today, on July 19, 2023, in the domestic market, remain at the highest level in the Central Highlands region, reaching 65,700 VND/kg.

Specifically, the price of green coffee beans (raw coffee beans, fresh coffee beans) in Lam Dong province has increased by 100 VND/kg, with prices ranging from 64,900 to 65,000 VND/kg in districts such as Bao Loc, Di Linh, and Lam Ha.

In Gia Lai and Kon Tum provinces, coffee prices stand at 65,400 VND/kg, increasing by 200 VND/kg compared to the previous day.

Today, coffee prices in Dak Lak province have increased by 200 VND/kg, with prices at 65,500 VND/kg in Cu M'gar district and 65,600 VND/kg in Ea H'leo district and Buon Ho town.
In Dak Nong province, coffee is purchased at the highest price of 65,700 VND/kg, with an increase of 100 VND/kg.

The latest price list of coffee today 19/7

 

Below is  the  latest  domestic coffee price list today, July 19, 2023. Unit: VND/kg

Local

Unit

Price (VND)

Volatility

Dak Lak

Kg

65,600

+200

Gia Lai

Kg

65,400

+200

Kon tum

Kg

65,400

+200

Dak Nong

Kg

65,700

+100

Lam Dong

Kg

65000

+100



As for the world coffee prices, as of the latest trading session, Robusta coffee prices on the London exchange experienced a downturn. The September delivery futures dropped by an additional 25 USD to 2,527 USD/ton, and the November delivery futures declined by 13 USD to 2,393 USD/ton, showing a slight increase. However, the trading volume remained average.

On the other hand, Arabica coffee prices on the New York exchange returned to a positive trend. The September delivery futures increased by 0.15 cents to 155.95 cents/lb, and the December delivery futures rose by 0.35 cents to 156.00 cents/lb, indicating a slight rise. The trading volume was significantly higher than the average.

Regarding the increase in Arabica coffee, the Brazilian Coffee Exporters Council (Cecafé) reported a 16.6% decrease in coffee exports from Brazil in June compared to the same period last year. Additionally, the appreciation of the Brazilian real against the USD contributed to a reduction in coffee exports from the country, supporting the prices of this type of coffee.

The London Exchange's report showed that Robusta coffee stocks increased by 220 tons on July 17, reaching a registered level of 54,540 tons (approximately 909,000 bags, 60kg each). This was the first recorded increase in the inventory of this type of coffee since late March 2023.

According to experts, the sign of an increase in Conilon Robusta coffee stocks arriving for auction on the exchange is causing the prices of this type of coffee to return to a downward trend.

Preliminary statistics from the General Department of Customs of Vietnam showed that coffee exports from the country in June 2023 reached only 140,607 tons, lower than the estimated 150,000 tons by some industry experts.

In the first nine months of the current 2022-2023 crop, Vietnam's coffee exports totaled 1.44 million tons (approximately 24 million bags), with a value of 3.38 billion USD, representing a 6.6% increase in value compared to the same period in the previous crop.

Experts predict that Vietnam's green coffee exports are expected to decrease by 1.5 million bags, based on low beginning stocks and stricter import regulations from the European Union. Furthermore, coffee production for the 2022-2023 crop, as estimated by the Vietnam Coffee-Cocoa Association (VICOFA), is projected to decrease by 10 - 15% compared to the previous crop, reaching 1.5 -1.6 million tons.

Origin: congthuong.vn 

 
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