Coffee prices today October 2, 2022 | Latest coffee price market information

Today’s domestic coffee price on October 2, 2022 remained at 46,100 – 46,500 VND/kg. The domestic coffee market this week fell sharply from 1,200 – 1,400 VND/kg. In the world market, today’s coffee prices remained stable on both major exchanges. In the latest trading session, the price of Robusta coffee on the London floor for November 2022 delivery remained at 2,153 USD/ton. Meanwhile, the price of coffee for January 2023 delivery on this floor is at 2,146 USD/ton. Meanwhile, the price of Arabica coffee on the New York floor for December 2022 delivery is at 221.55 cents/lb. For March 2023 delivery, the price of coffee on this floor is trading at 212.55 cents/lb. The world coffee market fluctuated in different directions this week. Specifically, the price of Robusta coffee in London for November 2022 delivery decreased by 79 USD/ton; while the price of Arabica coffee for December 2022 delivery increased by 1.1 cents/lb. Over the last 2 days of the week, world coffee prices decreased due to fluctuations in monetary policies to prevent global economic recession and excessive inflation. Investors continued to withdraw capital and switch to other markets because the profit level was more attractive. The pressure to sell Brazil’s new crop of coffee increased as the Real weakened again. Based on the exchange rate, coffee growers will earn more domestic currency if they sell at this time. The domestic coffee market is still stable today. To summarize this week, domestic coffee prices are falling sharply by 1,200 – 1,400 VND/kg. #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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