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Coffee Coffee prices today October 27: Turned up slightly, farmers...

Coffee prices today October 27: Turned up slightly, farmers are rushing to harvest the new crop

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Coffee prices today October 27, 2020 simultaneously increased by an average of 100-200 VND / kg in key coffee-growing regions of the country. Domestic coffee prices are showing signs of positive change according to world coffee prices.

Coffee prices today October 27 in Vietnam

Specifically, in Di Linh district (Lam Dong), today coffee prices were purchased at 31,600 VND / kg. In Bao Loc district (Lam Dong), Lam Ha (Lam Dong), the price of coffee was at 31,700 VND / kg.

In Cu M’gar district (Dak Lak), coffee prices are at 32,300 VND / kg. In Ea H’leo district (Dak Lak), Buon Ho (Dak Lak) coffee prices were purchased at the same level of 32,200 VND / kg.

Similarly in Dak Nong province, purchased coffee prices are at 32,000 VND / kg in Gia Nghia and Dak R’lap).

In Gia Lai province, coffee prices are at 32,000 VND / kg (Chu Prong), in Pleiku and La Grai are at the same price of 32,100 VND / kg. Coffee prices in Kon Tum province were purchased at VND 31,800 / kg.

Thus, coffee prices currently increase on average 100-200 / VND / kg in key coffee-growing regions of the country.

Recently, typhoon No. 8 quickly weakened into a tropical depression and did not affect many coffee growing areas in Vietnam. However, currently, hurricane No. 9, called Molave, is at risk of becoming a strong storm that directly affects the Central Highlands this week. Currently, the key coffee growing areas in Vietnam are in need of about 10 days of sun to harvest.

World coffee prices

Ending the session this morning (Vietnam time), the price of Robusta coffee in London increased by 5 USD / ton (0.39%), delivered in November 2020, traded at 1,276 USD / ton, delivered in March 2021 increased $ 8 at 1.321. Meanwhile, on the floor of New York in the US, Arabica coffee prices delivered in December 2020 increased 1.05 cents / lb (0.99%) at 106.65 cents / lb, delivered in March 2021 increased 0, 95 cents / lb (0.88%) to 109.35 cents / lb.

Over the past time, Arabica prices have decreased due to concerns about a strong recurrence of the Covid-19 pandemic in major consuming countries. The social gap is being applied again, people cannot go to cafes. In contrast, the Robusta floor price rose albeit very slightly when it was predicted that two consecutive storms were slowing the coffee harvest time in Vietnam.

Coffee prices today October 27 in Vietnam

TT of the bucket Average price Change
FOB (HCM) 1,448 Subtract: +135
Coffee priceDak Lak 32,400 +200
Lam Dong 31,800 +200
Gia Lai 32,200 +200
Dak Nong 32,200 +200
pepper 53,000 0
Exchange rate USD / VND 23,090 0
Unit of measure: VND / kg FOB: USD ($) / ton

Robusta coffee prices transactions in London

Period Price Change % change Mass Tallest The shortest Open door Open contract
11/20 1276 +5 +0.39% 13762 1286 1261 1261 7870
01/21 1313 +8 +0.61% 16810 1318 1298 1298 44571
03/21 1321 +8 +0.61% 3007 1325 1307 1310 25236
05/21 1335 +8 +0.60% 2189 1340 1323 1327 13112
Unit: USD ($) / Ton Coffee priceTrading unit: lot = 10 tons

Arabica coffee prices traded in New York

Period Price Coffee price Change % change Mass Tallest The shortest Open door Open contract
12/20 106.65 +1.05 +0.99% 14411 107.15 104.3 104.8 89053
03/21 109.35 +0.95 +0.88% 10585 109.85 107.1 107.2 74237
05/21 111.05 +1 +0.91% 2719 111.5 108.8 109.45 32950
07/21 112.6 +1.05 +0.94% 1275 113 110.3 110.85 30969
Unit: USD Cent / lb 1USD = 100cent 1Lb ~ = 0.45Kg Trading unit: lot = 37,500 lb

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