coffee price edges up as supply falls
the price of robusta coffee in the central highlands provinces rose by VND500 per kilogramme to more coal VND50, 000 on june 10.
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Increase the price of coal was much lower in the London terminal market, coffee buyers in hcm city said.
exporters in Dak Lak province Offered robusta grade 1 with 0.2 percent foreign matter, one of the top qualities in Vietnam, at U.S. $ 70 per tonne above the level on the London terminal market.
hcm city-based exporters said the fob price of grade 2 with 5 percent black and broken and 1 percent foreign matter was around U.S. $ 50 per tonne below the terminal market price, us $ 20-30 higher coal last week.
Based on the closing price of the terminal market london on june 9, the fob price for grade 2 with 5 percent black and broken was around U.S. $ 2.460 per tonne.
Traders and exporters estimate output to be above 1.1 million tonnes. Farmers am also expect to be a bit higher output Due to the higher productivity.
vna / VOVNEWS
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