Coffee prices today July 30, 2022 | Latest coffee price market information

Coffee prices today, July 30, 2022, continued to be adjusted in opposite directions on the world market. In particular, the price of robusta coffee in London for delivery in September 2022 was recorded at 2,030 USD/ton, a slight increase of less than 1%. Domestic coffee prices remained stable. In the world market, coffee prices continued to fluctuate inconsistently. Accordingly, the online price of robusta coffee in London for delivery in September 2022 was recorded at 2,030 USD/ton after increasing by 0.74% (equivalent to 15 USD). The price of arabica coffee for delivery in September 2022 in New York reached 217.2 US cents/pound, down 0.55% (equivalent to 1.2 US cents) at the time of survey at 7:15 a.m. (Vietnam time). Coffee has become an important part of the lives of Korean people. This has led to an increasing demand for coffee consumption in this market. This is the driving force for the Korean coffee industry to grow and develop steadily. According to the International Trade Center (ITC), in May 2022, Korea imported approximately 17 thousand tons of coffee from markets around the world, worth 110.5 million USD. This figure decreased by 1.8% in volume, but increased by 4.4% in value compared to April 2022, compared to May 2021, it increased by 9.3% in volume and 54.6% in value, according to the latest report from the Import-Export Department (Ministry of Industry and Trade). In the first 5 months of 2022, South Korea’s coffee imports reached approximately 78.4 thousand tons, worth 469 million USD, up 1.6% in volume and 36.1% in value over the same period in 2021. In the first 5 months of 2022, South Korea imported mainly unroasted, decaffeinated coffee (HS 090111), accounting for 85.87% of the total volume, reaching 67.31 thousand tons, worth 319.94 million USD, up 2.6% in volume and 69.4% in value over the same period in 2021. Notably, South Korea increased its imports of unroasted, decaffeinated coffee (HS 090112), accounting for 3.09% of the total volume, reaching 2.42 thousand tons, worth 16.52 million USD, up 154.1%. in volume and increased by 218.5% in value over the same period in 2021. #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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