Home » Posts tagged with "Robusta coffee"
Robusta Coffee Falls as Vietnam Crop Concern May Be ‘Premature’
Robusta coffee fell for a second day on concern producers are selling as speculation about dry weather in leading grower Vietnam may be “premature” and the country’s exports will rise again this month. Cocoa rose.
Speculation about drought in Vietnam is “a bit premature” as the rainy season usually starts in April, Amsterdam-based trader Nedcoffee BV said in a report e-mailed yesterday. Shipments...
Vietnam coffee price fell to 2-week low as season started
Coffee prices in Vietnam, the largest producer of the robusta variety used in instant drinks and espresso, fell to the lowest level in more than two weeks on stockpile sales with the start of the new season.
Vietnamese coffee slid to 41,200 dong ($1.98) a kilogram (2.2 pounds) yesterday, the lowest price since Sept. 20, data from the Dak Lak Trade & Tourism Center showed. The price rose to 41,300...
Robusta export market frozen
The price of Robusta coffee beans fell to VND50,600 ($2.4) per kilo in the Central Highlands of Vietnam, VND600 under its quotation on July 1.
The fall came in line with the lower price at the close of London’s Robusta futures market on the last trading day last week.
London’s futures market for robusta coffee rose sharply early last week following rumours about frost in the southern part...
Coffee price edges up as supply falls
The price of Robusta coffee in the Central Highlands provinces rose by VND500 per kilogramme to more than VND50,000 on June 10.
The VND500 VND – or $25 per tonne – was much lower than the price in the London terminal market, coffee buyers in Ho Chi Minh City said.
Exporters in Dak Lak Province offered Robusta grade 1at $70 per tonne above the level on the London terminal market.
Ho Chi Minh City-based...
Robusta experiences big month on futures exchange
Vietnamese robusta coffee had a big month on the London International Financial Futures and Options Exchange (LIFFE) in May, with most stocks managing to meet quality specifications.
LIFFE’s statistics show that 7,853 lots (equivalent to 78,530 tonnes), or 97 percent of the more than 8,050 lots of Vietnamese robusta coffee submitted for inspection last month, met the futures market’s specifications.
They...
Vietnam coffee supply may tighten after farmers sell 90 pct of crop
Coffee supplies from Vietnam, the largest robusta grower, may tighten before the next harvest starts in October after surging prices spurred farmers to sell 90 percent of the current crop.
Farmers hold 113,000 metric tons of the 2010-2011 crop, according to the median estimate of a Bloomberg survey of 12 exporters, traders and growers. That compares with about 200,000 tons this time last year. The...
Coffee prices skyrocket
Coffee exports to major markets have surged between 1.5 to eight times year on year, pushing the input price of coffee beans in Vietnam to VND50 million (roughly $2,400) a tonne.
Coffee exports to major markets have surged between 1.5 to eight times year on year, pushing the input price of coffee beans in Vietnam to VND50 million (roughly $2,400) a tonne.
A price of $2,500 for 2.5 per cent broken black...
Coffee industry should turn to local market: experts
Vietnam’s coffee industry should focus more on the local market as this is a way of ensuring sustainable development, international experts said.
The industry is still far from achieving sustainable development due to its heavy reliance on foreign markets, they said at the Buon Ma Thuot Sustainable Coffee Development conference held on Sunday in Dak Lak Province, the country’s key coffee growing...
Robusta coffee prices attract sales from Vietnam, broker says
Robusta coffee prices in London are attracting sales offers from Vietnam, the world’s largest grower, Hamburg-based coffee brokerage Eugen Atte GmbH said.
The NYSE Liffe coffee price was $140 a metric ton over the bean selling price in Vietnam yesterday, up from $120 a ton on Jan. 27, Atte said in a report e-mailed today and dated yesterday. Robusta coffee prices in London have climbed 7.4 percent...
Vietnam coffee prices fall as plan to stockpile beans lags
Coffee prices in Vietnam fell on Tuesday, weighed down by losses on international markets and the slow implementation of a Vietnamese government-backed plan to stockpile beans, traders said.
Sluggish trading in the past month due to uncertainties surrounding the stockpiling plan would result in a fall in May’s coffee shipments from Vietnam, the world’s second-largest coffee producer after Brazil,...
