Coffee prices today 07/04/2022 | Latest coffee price market information

Coffee prices today, July 4, 2022, in the world and domestic markets are stable. Currently, domestic coffee prices are being purchased at 41,900 – 42,400 VND/kg. At the end of the latest trading session, the price of Robusta coffee on the London exchange for July 2022 delivery was at 1,991 USD/ton, for September 2022 delivery at 2,006 USD/ton. Meanwhile, the price of Arabica coffee on the New York exchange for July 2022 delivery was at 228.45 cents/lb, for September 2022 delivery at 224.65 cents/lb. Last week, coffee on the London exchange had 4 sessions of decrease and 1 session of increase. The price of Robusta coffee futures for September delivery decreased by a total of 38 USD, down to 2,006 USD/ton, a very significant decrease. In contrast, the New York market had 2 sessions of increase and 3 sessions of decrease. The price of Arabica coffee futures for September delivery increased by 1.40 cents to 224.65 cents/lb, a slight increase. World coffee prices are being affected by the pressure of selling new crops from Brazil with a harvest with an increase in output compared to last year. In addition, the Real exchange rate fell to a low of nearly 5 months, encouraging Brazilians to aggressively sell exported coffee to earn foreign currency. Information about transferring a large amount of Arabica coffee stored in warehouses in Antwerp – Belgium to New York, because ICE inventories fell to a 20-year low, also raised concerns about short-term supply. Meanwhile, traditional wet-processed Arabica producing countries in Central America have almost no coffee beans delivered to export ports. This information helped Arabica coffee prices to stand firm and increase slightly last week. Meanwhile, Robusta coffee has been under constant pressure amid reports of increased exports from Vietnam and Indonesia. #coffee_price #coffee_price_today #latest_coffee_price #standard_coffee_price #coffee_price_trend #cafe_price #coffee_price #agriculture #nhanong #mientay

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