Coffee prices today June 5, 2022 | Latest coffee price market information

Coffee prices today, June 5, 2022, remained at 42,500 – 43,100 VND/kg. This week, the domestic coffee market increased sharply, up to 1,100 VND/kg. At the end of the latest trading session, the price of Robusta coffee on the London floor for delivery in July 2022 was at 2,136 USD/ton, and for delivery in September 2022 was at 2,139 USD/ton. Meanwhile, the price of Arabica coffee on the New York floor was at 232.4 cents/lb, and for delivery in September 2022 was at 232.55 cents/lb. This week, the world coffee market had a good upward momentum. Specifically, the price of Robusta coffee in London for delivery in July 2022 increased by 39 USD/ton, and the price of Arabica coffee for delivery in July 2022 increased by 2.95 cents/lb. During the week, coffee prices on the London exchange, after a sharp increase, temporarily stopped trading due to a 4-day holiday. In the absence of Robusta coffee, Arabica coffee prices had 2 sessions of decline at the end of the week. The reason was that investors continued to take short-term profits and liquidate after a series of strong net purchases before, due to concerns about cold weather in the main Arabica coffee growing regions in Southeast Brazil. With high inflation, the difficult economic situation will push coffee consumption demand to decrease in the short term. And this will cause world coffee prices to move negatively in the coming time. The domestic coffee market this week increased sharply when it continuously increased in the first days of the week, and increased sharply to 1,100 VND/kg. However, when the London exchange temporarily stopped trading for the holiday, the domestic market also moved sideways. #coffee_price #coffee_price_today #latest_coffee_price #standard_coffee_price #coffee_price_trend #cafe_price #coffee_price #agriculture #nhanong #mientay

source