Update coffee prices on September 14, 2020 – Coffee prices today

Coffee prices today (September 14) increased slightly at the beginning of the week by 100-200 VND / kg, ranging from 33,200 to 34,900 VND / kg.

Domestic coffee prices on September 14, 2020

According to tintaynguyen.com, coffee prices today increased slightly by 100-200 VND / kg in the range from 33,200 to 34,900 VND / kg.
Specifically, Ho Chi Minh City still recorded the highest purchase price of 34,900 VND / kg, while Di Linh (Lam Dong) had the lowest transaction at 33,200 VND / kg. In Buon Ho (Dak Lak), Pleiku (Gia Lai) and Lam Ha (Lam Dong) today increased by 200 dong / kg.

Domestic coffee prices on September 14, 2020

Domestic coffee prices on September 14, 2020

At Ea H’leo (Dak Lak), coffee was sold at a price of 33,900 VND / kg, an increase of 100 VND / kg compared to the previous week. Dak Ha (Kon Tum) increased again by 100 VND / kg to reach 33,400 VND / kg.
The remaining localities traded in the range from 33,300 – 33,900 VND / kg.

World coffee prices September 14, 2020

In the world market increased, the price of Robusta coffee online in London delivered in November 2020 increased 0.70% of transactions to 1,433 USD / ton.

While in New York, arabica coffee prices in December 2020 increased 0.57% to 132.45 US cents / pound.

In early September 2020, Robusta and arabica coffee prices fluctuated inconsistently compared to the end of August 2020.

World coffee prices September 14, 2020

World coffee prices September 14, 2020

On the London trading floor, on 9/9/2020, the price of robusta coffee delivered in November 2020 futures decreased by 1.3% compared to August 29, 2020, to $ 1,411 / ton; futures for delivery in January 2021 and March 2021 decreased by 0.9% and 0.8%, respectively, compared with August 29, 2020, to $ 1,423 / ton and $ 1,437 / ton.

On the New York Stock Exchange, on 9/9/2020, the price of arabica coffee for the term of December 2020 and March 2021 increased by 1.6% and 5.4%, respectively, compared to August 29, 2020, to 132.1 Uscent / pound and 132.75 US cents / lb; May 2021 term decreased 4.8% compared to August 29, 2020, to 133.5 US cents / pound.

According to a report by the International Coffee Organization (ICO), global coffee exports in July 2020 reached 10.61 million bags, down 11% from July 2019. At the same time, ICO also adjusted its forecast from a global coffee shortage in the 2019/2020 crop year, to a surplus of 952 thousand bags due to the adjustment to increase Brazilian output.

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