Coffee prices today June 14, 2022 | Latest coffee price market information

Coffee prices today, June 14, 2022, in the world market decreased sharply. Domestically, coffee prices lost the 42 million VND/ton mark, to 41,100 – 41,700 VND/kg. At the end of the latest trading session, Robusta coffee prices on the London floor for July 2022 delivery decreased by 38 USD/ton to 2,039 USD/ton, and for September 2022 delivery decreased by 40 USD/ton to 2,055 USD/ton. Meanwhile, Arabica coffee prices on the New York floor for July 2022 delivery decreased by 5.55 cents/lb to 223.35 cents/lb, and for September 2022 delivery decreased by 5.35 cents/lb to 223.45 cents/lb. The world coffee market continued to decrease following the general trend of other commodity exchanges. Arabica coffee fell to its lowest level in the past 2 weeks, while coffee on the London exchange fell to its lowest level in the past month. The reason is that the USD exchange rate is rising very high. At the beginning of the trading session on June 14 (Vietnam time), in the US market, the US Dollar Index (DXY) increased sharply by 0.90%, reaching 105.07, reaching its highest level in the past 20 years. The increase in the USD price reflects concerns about the global economic recession, as well as the market betting that the US Federal Reserve (Fed) will soon increase interest rates sharply to curb inflation. Analysts say that the USD/DXY index often has a great influence on commodity prices; when DXY increases, commodity prices decrease and vice versa. The derivatives market, including coffee, has changed very quickly recently. Coffee traders should not only consider supply and demand, but also closely monitor geopolitical fluctuations. The most important of these are the Russia-Ukraine conflict and macroeconomic factors, which are very sensitive to coffee. The physical and export markets fluctuate rapidly and strongly, while financial markets fluctuate many times more. Therefore, the risks of monitoring and trading paper goods are very high. Therefore, coffee business today must be more careful, how to preserve capital is already successful, not relying on luck. #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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