Coffee prices today 15/12/20 were in the range of 32,900 – 33,200 VND / kg, up 300-400 according to the rise of the world market.
In Di Linh district, Lam Ha, Bao Loc (Lam Dong), Coffee prices today 15/12/20 were purchased at 32,900 VND / kg.
In Cu M’gar district (Dak Lak), the price of coffee today is 33,200 VND / kg. In Ea H’leo district (Dak Lak), Buon Ho (Dak Lak), today coffee prices are purchased at the same level of 33,200 VND/kg.
Coffee prices today 15/12/20 in Vietnam
| TT of the bucket | Average price | Change | |||
|---|---|---|---|---|---|
| FOB (HCM) | 1,404 | Subtract: +55 | |||
 Dak Lak |
32,900 | +100 | |||
| Lam Dong | 32,600 | +100 | |||
| Gia Lai | 32,900 | +100 | |||
| Dak Nong | 32,900 | +100 | |||
| pepper | 56,500 | 0 | |||
| Exchange rate USD / VND | 23,040 | 0 | |||
| Unit of measure: VND / kg | FOB: USD ($) / ton | |||||
Similarly in Dak Nong province, today coffee prices purchased at 33,200 VND / kg in Gia Nghia and 32,100 VND / kg in Dak R’lap.
In Gia Lai province, today’s coffee price is 33,100 VND / kg (Chu Prong), in Pleiku and La Grai the same price is 33,200 VND / kg. Today, coffee prices in Kon Tum province are purchased at 33,000 VND / kg. Thus, the price of coffee in the country this morning increased 300-400 VND / kg.
Ending the session this morning (Vietnam time), the price of Robusta coffee in London delivered in January 2021 increased 14 USD / ton (1.05%), traded at 1,349 USD / ton, delivered in March 2021 increased by 19 USD (1.40%) at 1,376 USD / ton. At the floor of New York in the US, Arabica coffee prices delivered in December 2020 increased 4.45 cents/lb (3.74%) at 123.55 cents/lb, delivery in March 2021 increased by 4.55 cents/lb. (3.74%) to 126.15 cents/lb.
In the past 24 hours, information about the financial support package over 900 billion USD will be difficult to pass; Germany officially has a social gap – This is a major coffee importer of Vietnam; It is forecasted that Brazil’s new coffee crop will decrease … are affecting world coffee prices.
Robusta coffee prices transactions in London
| Period | Price | Change | % change | Mass | Tallest | The shortest | Open door | Open contract |
|---|---|---|---|---|---|---|---|---|
| 01/21 | 1349 | +14 | +1.05 % | 5047 | 1353 | 1330 | 1340 | 27634 |
| 03/21 | 1376 | +19 | +1.40 % | 9168 | 1378 | 1352 | 1357 | 43726 |
| 05/21 | 1386 | +20 | +1.46 % | 2479 | 1388 | 1362 | 1370 | 19591 |
| 07/21 | 1402 | +21 | +1.52 % | 542 | 1403 | 1377 | 1379 | 16126 |
| Unit: USD ($) / 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 | 123.55 | +4.45 | +3.74 % | 3 | 123.85 | 122.5 | 122.5 | 66 |
| 03/21 | 126.15 | +4.55 | +3.74 % | 23856 | 126.9 | 120.65 | 120.85 | 116642 |
| 05/21 | 127.95 | +4.55 | +3.69 % | 6285 | 128.65 | 122.45 | 122.6 | 44003 |
| 07/21 | 129.45 | +4.5 | +3.60 % | 4032 | 130.15 | 124 | 124.3 | 34835 |
| Unit: USD Cent / lb | 1USD = 100cent | 1Lb ~ = 0.45Kg | Trading unit: lot = 37,500 lb | ||||||||
According to observations, Brazil’s domestic market decreased, Indonesia was at the end of the season, strong selling pressure in Vietnam did not exist. Up to now, about 28-30% of Vietnam’s coffee output has been harvested. However, about 10 – 15% actually hit the market. Importers that are in need of coffee have to keep the buying prices high in order to obtain the goods. This is driving the price up.
Buyers are hesitant due to difficult reservations on ships, coupled with rapidly increasing freight rates, causing bad rumors about prices to have a chance to launch not beneficial to the coffee market in the middle of the new coffee season. more and more.
In the country, during the coffee harvest season this year, the shortage of harvest workers is really a problem. Recorded in Gia Lai, through a survey of this local newspaper reporter, the hiring price for harvesting coffee workers is from 180,000 VND to 200,000 VND / day, 20-40,000 VND / day higher than the previous season.
This year, finding labor to harvest coffee is very difficult. This time last year, workers from the provinces: Binh Dinh, Quang Ngai picked up quite a lot of hired coffee. However, this year, due to floods and storms, workers at home take care of the consequences. In key coffee areas such as Chu Prong, Ia Grai, Chu Pah … many garden owners have to run around and look for labor.
The garden owners shared: On this occasion, in previous years, there was a lot of labor coming from different places. However, in the past 3 years, there has been a shortage of workers to pick coffee. Because of the lack, the employees often require a lot and raise the labor cost.
Facing the scarcity of coffee-picking workers, many households are campaigning to exchange their labor for harvesting in time. This is also one of the solutions that the local authorities encourage coffee growers to implement at this time.
