Coffee prices today, September 18, 2022, continue to be purchased at 46,900 – 47,500 VND/kg. This week, the world and domestic coffee markets both decreased. In the world market, coffee prices today remained stable on two major trading floors. In the latest trading session, the price of Robusta coffee on the London floor for delivery in September 2022 remained at 2,186 USD/ton; delivery in November 2022 remained at 2,202 USD/ton. Meanwhile, the price of Arabica coffee on the New York floor for delivery in September 2022 was at 218.05 cents/lb; delivery in December 2022 was at 215.1 cents/lb. The world coffee market continued to decrease this week. In which, the price of Robusta coffee for delivery in September 2022 decreased by 72 USD/ton; Arabica coffee prices for September 2022 delivery fell 16.4 cents/lb. Coffee on the New York floor had a sharp decline this week. For the whole week, Robusta lost 2.26%, Arabica decreased 6.74%. The main reason is still the monetary tightening of major central banks in the world to control global inflation. After many years of expanding new planting areas, with the ambition to compete for the position of Vietnam’s No. 1 Robusta producer, this year Brazil’s Robusta acreage and output are expected to skyrocket. This information has made Robusta’s decline this week even stronger. #coffee_price #coffee_price_today #latest_coffee_price #standard_coffee_price #coffee_price_trend #coffee_price #coffee_price #agriculture #nhannong #mientay #lamdong_coffee_price #edaklak_coffee_price #daknong_coffee_price #gialai_coffee_price #kontum_coffee_price #world_coffee_price
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