Specifically, in Di Linh, Lam Ha, Bao Loc districts ( Lam Dong ), today's coffee price is purchased at 123,500 VND/kg.
In Cu M'gar district ( Dak Lak ), today's coffee price is at 124,000 VND/kg. In Ea H'leo district ( Dak Lak ), Buon Ho district ( Dak Lak ), today's coffee price is purchased at the same level of 123,900 VND/kg.
Similarly in Dak Nong province, today's coffee purchase price is 124,000 VND/kg in Gia Nghia and 123,900 VND/kg in Dak R'lap.
In Gia Lai province, coffee price today is at 123,900 VND/kg (Chu Prong), in Pleiku and La Grai the price is 123,800 VND/kg.
Today's coffee price in Kon Tum province is purchased at 123,900 VND/kg.
The domestic coffee market increased by VND2,000/kg. The highest domestic coffee price was VND124,000/kg in Dak Lak and Dak Nong.
Dak Nong is developing high-quality coffee growing areas. Farmers are collaborating with businesses to apply science and technology to production. A 335-hectare area in Thuan An commune has been recognized for high-tech coffee production. Provincial agencies support farmers in selecting varieties and using safe pesticides.
Dak Nong has 17 OCOP certified coffee products, with 1 4-star product and 16 3-star products. 5 coffee processing facilities meet HACCP and ISO22000 standards.
The province has 15 coffee brands protected by intellectual property rights, including 1 collective brand and 14 individual brands.
At the end of the most recent trading session, the price of Robusta coffee in London for November 2024 delivery increased by 190 USD/ton, at 5,267 USD/ton, and for January 2025 delivery increased by 182 USD/ton, at 4,998 USD/ton.
Arabica coffee prices for December 2024 delivery increased by 10.05 cents/lb, to 259.45 cents/lb, and for March 2025 delivery increased by 9.60 cents/lb, to 256.60 cents/lb.
In August, Robusta and Arabica coffee prices skyrocketed on the international market, reaching multi-year highs. At the end of August, coffee prices reached a 13-year high.
Coffee prices are forecast to remain high in September due to reduced supply and increased demand. Vietnam’s coffee production for the 2024-2025 crop year is expected to fall to a 13-year low.
Northern Hemisphere coffee markets are recovering from the summer, which could boost coffee trading in the coming months, especially ahead of the winter roasting season in Europe and the US.
Source: https://baodaknong.vn/gia-ca-phe-hom-nay-15-9-2024-tiep-tuc-tang-them-2-000-dong-kg-229245.html
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