Coffee prices today 12/22/20
| TT of the bucket | Average price | Change | |||
|---|---|---|---|---|---|
| FOB (HCM) | 1,438 | Subtract: +55 | |||
 Dak Lak |
32,800 | 0 | |||
| Lam Dong | 32,400 | 0 | |||
| Gia Lai | 32,700 | 0 | |||
| Dak Nong | 32,700 | 0 | |||
| pepper | 54,000 | 0 | |||
| Exchange rate USD / VND | 23,040 | 0 | |||
| Unit of measure: VND / kg | FOB: USD ($) / ton | |||||
In Cu M’gar district (Dak Lak), coffee prices are at 32,900 VND / kg. In Ea H’leo district (Dak Lak), Buon Ho (Dak Lak) coffee prices were purchased at the same level of 32,800 VND / kg. In Di Linh district, Lam Ha, Bao Loc (Lam Dong), today’s coffee prices were purchased at 32,400 VND / kg.
Similarly in Dak Nong province, the price of coffee purchased was at 32,700 VND / kg in Gia Nghia and 32,600 VND / kg in Dak R’lap.
In Gia Lai province, coffee prices are at 32,600 VND / kg (Chu Prong), in Pleiku and La Grai are at the same price of 32,700 VND / kg. Coffee prices in Kon Tum province were purchased at VND 32,600 / kg.
Domestically, the rate of harvest crop year 2020/21 in Vietnam is gradually increasing, with an estimated 50-60% of the area harvested. The quality of the coffee tasting in the new season so far is very good thanks to the sunny and long time after the storm. Information about the tropical depression going further makes farmers reassuring.
The General Department of Customs said that in the first half of December 2020, Vietnam’s coffee exports reached about 35 thousand tons. However, the reason for the drop in exports was the scarcity of empty containers and space onboard.
According to experts, there is a worry that domestic coffee prices will drop due to selling pressure and few buyers in the middle of the season. However, if farmers are informed about the current shipping crisis, if they get the attention of loans from banks, they hope that the seller will find a way to release enough goods when necessary to get through. current challenges.
In the coming time, the price on the derivative coffee floors is still going to improve thanks to the weak USD, a strong Brazilian local currency, and the decrease in available inventory.
World Coffee prices today 12/22/20
Ending the session this morning (Vietnam time), the price of Robusta coffee in London delivered in January 2021 decreased by 1 USD / ton (0.07%), traded at 1,361 USD / ton, delivered in March 2021 increased by 3 USD (0.22%) to 1,383 USD / ton. At the floor of New York in the US, Arabica coffee prices delivered in March 2021 decreased by 0.95 cents / lb (0.76%) at 124.3 cents / lb, delivered in May 2021 decreased by 0.9 cents / lb. (0.71%) to 126.2 cents / lb.
Robusta coffee prices transactions in London
| Period | Price | Change | % change | Mass | Tallest | The shortest | Open door | Open contract |
|---|---|---|---|---|---|---|---|---|
| 01/21 | 1361 | -1 | -0.07 % | 5707 | 1365 | 1345 | 1365 | 14141 |
| 03/21 | 1383 | +3 | +0.22 % | 10908 | 1387 | 1365 | 1382 | 44656 |
| 05/21 | 1391 | +3 | +0.22 % | 2817 | 1394 | 1373 | 1388 | 18797 |
| 07/21 | 1404 | +3 | +0.21 % | 401 | 1407 | 1386 | 1399 | 16727 |
| Unit: USD ($) / Ton | Trading unit: lot = 10 tons |
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Arabica coffee prices traded in New York
| Period | Price |
Change | % change | Mass | Tallest | The shortest | Open door | Open contract |
|---|---|---|---|---|---|---|---|---|
| 03/21 | 124.3 | -0.95 | -0.76 % | 19298 | 125.45 | 120.4 | 124.25 | 112350 |
| 05/21 | 126.2 | -0.9 | -0.71 % | 5783 | 127.3 | 122.4 | 126 | 45012 |
| 07/21 | 127.7 | -0.9 | -0.70 % | 2617 | 128.75 | 124.05 | 127.9 | 35178 |
| 09/21 | 129 | -0.9 | -0.69 % | 889 | 129.95 | 125.35 | 129.2 | 26853 |
| Unit: USD Cent / lb | 1USD = 100cent | 1Lb ~ = 0.45Kg | Trading unit: lot = 37,500 lb | ||||||||
According to observers, Arabica prices at the beginning of the week are influenced by the weak Brazilian currency against the USD. Meanwhile, the new strain of Covid-19 in the UK caused market concern; falling stock prices despite positive news about the US $ 900 billion stimulus package are information affecting current speculators.
