Coffee prices today August 4, 2022 | Latest coffee price market information

Coffee prices today, August 4, 2022, fluctuated in opposite directions in the world market. Domestic coffee prices increased slightly to 44,000 – 44,500 VND/kg. In the world market, coffee prices today fluctuated in opposite directions on both major exchanges. At the end of the latest trading session, the price of Robusta coffee on the London floor for September 2022 delivery decreased by 1 USD/ton to 2,026 USD/ton, and the price of November 2022 delivery increased by 3 USD/ton to 2,023 USD/ton. Meanwhile, the price of Arabica coffee on the New York floor for September 2022 delivery increased by 4.75 cents/lb to 214.65 cents/lb, and the price of December 2022 delivery increased by 4.55 cents/lb to 211.25 cents/lb. The world coffee market is regaining momentum on the New York floor. Arabica coffee prices regained momentum amid unfavorable weather conditions in growing regions, and standard inventories on the New York floor remained low. The market this week awaits monthly US employment data, which is one of the measures of the effectiveness of monetary policy on the health of the US economy. According to the June 2022 Trade Report of the International Coffee Organization (ICO), global coffee exports increased by 1.26% compared to the same period last year. Cumulative global coffee exports in the first 9 months of the current coffee crop year 2021/2022 increased by 0.5% to 98.77 million bags compared to 98.32 million bags in the same period last year. Detailed data from the ICO also showed that Arabica coffee exports in the 12 months ending June 2022 totaled 80.78 million bags, down 1.81 million bags. Meanwhile, Robusta coffee exports totaled 49.20 million bags, up 2.26 million bags from the previous 12 months. #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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