Coffee prices today September 12, 2022 | Latest coffee price market information

Domestic coffee prices this week (from September 12 to September 17) are forecast to continue to show positive signs of a slight increase. Meanwhile, world coffee prices are under a lot of pressure to decrease. The world coffee market last week also recorded fluctuations in a much more positive direction than expected when at the end of the trading session at the end of the week, Robusta coffee prices on the London floor increased by more than 30 USD/ton compared to the opening time on the first day of the week (September 5) for both September 2022 and November 2022 delivery periods; while Arabica coffee prices remained at the same level compared to the beginning of the week. Before the opening session on September 12, in the most recent trading session, Robusta coffee prices on the London floor for September 2022 delivery period were at 2,258 USD/ton, and November 2022 delivery period in the most recent trading session was 2,264 USD/ton. Meanwhile, on the New York floor, the price of Arabica coffee for delivery in December 2022 is at 228.5 cents/lb. According to forecasters, world coffee prices next week, as well as many other agricultural products, are likely to fluctuate as they continue to “wait” for the decision from the US Federal Reserve (Fed) on raising interest rates. World coffee prices this week are forecast to be inclined to decrease due to pressure from the USDX index continuously fluctuating at a high level. For the domestic coffee market, coffee prices this week are forecast to remain below 49,000 VND/kg. In case the world coffee price fluctuates sharply from the second half of the week, domestic coffee prices will likely be affected and brought to around 48,000 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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