Coffee prices today September 15, 2022 | Latest coffee price market information

Coffee prices today, September 15, 2022, in the world and domestic markets are still decreasing. In particular, the domestic coffee market decreased by 100 VND/kg, to 47,100 – 47,700 VND/kg. In the world market, coffee prices today continued to decrease on two major trading floors. In the latest trading session, the price of Robusta coffee on the London floor for September 2022 delivery decreased slightly by 8 USD/ton, to 2,224 USD/ton, and the price of November 2022 delivery decreased by 9 USD/ton, to 2,230 USD/ton. Meanwhile, the price of Arabica coffee on the New York floor for September 2022 delivery decreased sharply by 6.35 cents/lb, to 217.60 cents/lb; the price of December 2022 delivery decreased by 5.85 cents/lb, to 214.85 cents/lb. The world coffee market continues to decline. In particular, Arabica coffee prices have fallen to their lowest level in the past 3 weeks. The nearly 10% increase in Brazilian coffee exports in August 2022 is causing coffee prices on the New York floor to fall sharply. The global coffee market is still reacting negatively to the decline in the US Consumer Price Index Report for August. And this further encourages the Fed to take stronger action in raising interest rates, which will take place from September 20 to 21. Investors are very certain that the Fed will implement a tightening monetary policy, and this will put the commodity market in general and the coffee market in particular at a disadvantage. On the positive side, world coffee prices are benefiting from low inventories on the two floors. On September 13, Arabica coffee inventories were only 585,215 bags, down from 602,742 bags. Robusta coffee is not brought to the auction floor because the profit outside is higher when listed on the floor, so investors sell directly outside. The domestic coffee market continues to decrease in price following the world’s downward trend. And it is decreasing by another 100 VND/kg compared to yesterday. #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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