Thursday 07 July 2022

Coffee prices ease further in Vietnam’s Daklak Province

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Coffee prices in Vietnam’s main coffee-growing province of Daklak eased further this week to to 37,300-38,500 dong per kg, from 39,000-39,300 dong last Tuesday.

The world’s top robusta producer may still ship between 100,000 and 120,000 tonnes of coffee this month, against an estimated volume of 120,000 tonnes exported in April, according to traders quoted by Reuters.

Vietnam’s coffee exports in the holiday-shortened April fell 40.4 percent on year, customs data shows.

The Central Highlands coffee belt is expected to face dryness and water shortages during the first decade of May, according to the national weather centre.

The rainy season is expected to arrive in second-half May or in early June, a state forecaster has said.

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