In Di Linh district (Lam Dong), today’s coffee price was purchased at 32,300 VND / kg. In Bao Loc district (Lam Dong), Lam Ha (Lam Dong), the price of coffee was at 32,400 VND / kg.In Cu M’gar district (Dak Lak), the price of coffee today is 32,800 VND / kg. In Ea H’leo district (Dak Lak), Buon Ho (Dak Lak), today coffee prices are purchased at the same level of 32,900 VND / kg.
Similarly in Dak Nong province, coffee prices today purchased at 32,700 VND / kg in Gia Nghia and Dak R’lap).
In Gia Lai province, Coffee prices today October 28 is 32,700 VND / kg (Chu Prong), in Pleiku and La Grai the same price is 32,600 VND / kg. Today, coffee prices in Kon Tum province are purchased at 32,600 VND / kg.
Ending the session this morning (Vietnam time), the price of Robusta coffee in London increased by 55 USD / ton (4.31%) delivered in November 2020, traded at 1,331 USD / ton, delivered in March 2021 increased 36 USD at 1,357. Meanwhile, on the exchange of New York in the US, the price of Arabica coffee delivered in December 2020 increased by 0.3 cent/lb (0.28%) at 106.95 cents/lb, delivered in March 2021 increased by 0,2 cents/lb (0.18%) to 109.55 cents/lb.
According to members of the Forum of Vietnamese coffee makers, coffee prices increased on both exchanges due to adverse weather in the two leading producers. There have been concerns that Brazil will reduce production next season. and Vietnam’s new harvest season has been delayed for several weeks because consecutive storms have made coffee beans ripen late this year.
Besides, the new US presidential election on November 3 and the second outbreak of Covid-19 is the focus of the attention of the markets at this time.
| TT of the bucket | Average price | Change | |||
|---|---|---|---|---|---|
| FOB (HCM) | 1,486 | Subtract: +135 | |||
 Dak Lak |
32,900 | +500 | |||
| Lam Dong | 32,300 | +500 | |||
| Gia Lai | 32,700 | +500 | |||
| Dak Nong | 32,700 | +500 | |||
| pepper | 53,000 | 0 | |||
| Exchange rate USD / VND | 23,090 | 0 | |||
| Unit of measure: VND / kg | FOB: USD ($) / ton | |||||
Robusta coffee prices transactions in London
| Period | Price | Change | % change | Mass | Tallest | The shortest | Open door | Open contract |
|---|---|---|---|---|---|---|---|---|
| 11/20 | 1331 | +55 | +4.31% | 122 | 1332 | 1290 | 1290 | 2627 |
| 01/21 | 1351 | +38 | +2.89% | 8432 | 1354 | 1315 | 1316 | 47192 |
| 03/21 | 1357 | +36 | +2.73% | 3704 | 1360 | 1320 | 1320 | 25786 |
| 05/21 | 1367 | +32 | +2.40% | 1695 | 1370 | 1338 | 1338 | 13477 |
| Unit: USD ($) / Ton | Trading unit: lot = 10 tons |
||||||||
Arabica coffee prices traded in New York
| Period | Price |
Change | % change | Mass | Tallest | The shortest | Open door | Open contract |
|---|---|---|---|---|---|---|---|---|
| 12/20 | 106.95 | +0.3 | +0.28% | 16377 | 108.2 | 106.15 | 106.75 | 88018 |
| 03/21 | 109.55 | +0.2 | +0.18% | 8773 | 110.8 | 108.8 | 109.4 | 76814 |
| 05/21 | 111.25 | +0.2 | +0.18% | 3168 | 112.4 | 110.55 | 111.2 | 33239 |
| 07/21 | 112.8 | +0.2 | +0.18% | 1961 | 113.9 | 112.1 | 112.85 | 31412 |
| Unit: USD Cent / lb | 1USD = 100cent | 1Lb ~ = 0.45Kg | Trading unit: lot = 37,500 lb | ||||||||
