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Mekong Farmer: Accompanying Western farmers > Blog > Agricultural products market > Coffee prices today > Coffee prices today September 11, 2022 | Latest coffee price market information
Agricultural products marketCoffee prices today

Coffee prices today September 11, 2022 | Latest coffee price market information

mekongfarmer
Last updated: 15/08/2024 12:38 PM
mekongfarmer Published 15/08/2024
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Coffee prices today, September 11, 2022, in the domestic market are at 47,800 – 48,400 VND/kg. This week, world coffee prices fluctuated in opposite directions, domestic prices increased slightly. In the world market, coffee prices today remained stable on two major trading floors. In the latest trading session, Robusta coffee prices on the London floor for September 2022 delivery remained at 2,258 USD/ton, and for November 2022 delivery remained at 2,264 USD/ton. Meanwhile, Arabica coffee prices on the New York floor for September 2022 delivery remained flat at 231.5 cents/lb, and for December 2022 delivery at 228.5 cents/lb. The world coffee market fluctuated in opposite directions this week when Robusta coffee prices increased while Arabica coffee prices continued to decrease. Specifically, the price of Robusta coffee for September 2022 delivery increased by 38 USD/ton; while the price of Arabica coffee for September 2022 delivery decreased by 1.1 cents/lb. In the last session of this week, the coffee market was still mixed but in the opposite scenario. Arabica coffee prices increased while Robusta coffee prices turned to decrease. The increase in the Real caused Brazilians to reduce coffee export sales in anticipation of the results of the third crop survey by the Conab agency with many doubts that this year’s crop output will not be as expected, even though it is a good crop according to the “two-yearly” cycle. According to the August 2022 report, Vietnam’s coffee export volume reached 112,531 tons (equivalent to 1,875,517 bags, 60 kg bags), down 1.16% compared to the previous month and down 4.0% compared to the same period last year. However, the cumulative export in the first 8 months of the calendar year 2022 increased by 15.31% compared to the export results in the first 8 months of 2021. This information has caused the price of Robusta coffee futures in London to weaken again, even though the inventory report on the floor continues to decline. #coffee_price #coffee_price_today #latest_coffee_price #standard_coffee_price #coffee_price_trend #coffee_price #coffee_price #agriculture #nhannong #mientay #lamdong_coffee_price #edaklak_coffee_price #daknong_coffee_price #gialai_coffee_price #kontum_coffee_price #world_coffee_price

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