Espresso costs at this time, September 29, within the home market, elevated. In the meantime, the value of Robusta espresso and Arabica espresso in the identical course fluctuated strongly.
World espresso worth at this time 9/29
On the finish of the newest buying and selling session, the value of Robusta espresso in London delivered in November 2021 elevated by 39 USD/ton at 2,160 USD/ton, delivered in January 2022 elevated by 30 USD/ton at 2,145 USD/ton.
In the meantime on the New York Inventory Trade, the value of Arabica espresso delivered in December 2021 elevated 4.95 cents/lb at 198.6 cents/lb, delivered in March 2022 elevated by 5 cents/lb at 201.45 cents/lb. lb.
Home espresso worth at this time 9/29
Espresso costs within the Central Highlands, particularly within the Central Highlands provinces, have elevated barely, particularly:
Lam Dong espresso worth at this time is bought at 39,800 VND/kg.
The worth of Dak Lak espresso at this time is bought at 40,700 VND/kg.
Gia Lai espresso worth at this time is bought at 40,600 VND/kg.
The worth of Dak Nong espresso at this time is bought at 40,600 VND/kg.
On the London Inventory Trade, the inverse worth construction continues to be maintained, with very low commerce quantity within the final month of espresso yr 2020/2021. This displays buyers’ curiosity and warning within the context of many detrimental impacts of the Covid-19 epidemic and the present sky-high sea freight charges.
Vietnam is about to enter a brand new crop, farmers ought to be prepared for the value of enter supplies equivalent to gasoline, fertilizer, transportation and even the chance of post-harvest loss will improve drastically within the subsequent yr. new crop yr 2021/22. By which, it’s inconceivable to not point out the dearth of labor to gather.