Coffee Prices Today 23/8: Robusta Recovered Due To Declining Exports, Speculators Are Moving Strongly To Arabica

Coffee prices today 23/8 of about VND 37,400 - 38,300 VND / kg. Robusta coffee prices recovered before the leading manufacturer's information declined. The market also witnessed its speculative inflowation to the market of Arabica Coffee.0: 00/3: 15 male coffee price today 23/8: Robusta recovered due to declining exports, speculative transgender Sang ArabicAt in Di Linh District, Lam Ha, Bao Loc (Lam Dong) Coffee prices today are purchased at VND 37,400 / kg.Tong Cu M'gar District (Dak Lak) Coffee prices today at VND 38,300 / kg

. In Ea H'Leo district (Dak Lak), Buon Ho (Dak Lak) coffee prices today were purchased at 38,200 VND / kg. The order in Dak Nong province, the price of coffee today was purchased at VND 38,200 / kg in Gia Nghia and VND 38,100 / kg in Dak R'Lap. in Gia Lai province, today's coffee prices are at VND 38,200 / kg (Chu Prong), in Pleiku and La Grai at VND 38,100 / kg
The price of coffee today in Kon Tum province was purchased with 38,100 dong / kg. This morning, coffee prices in key growing areas moved sideways compared to the same time yesterday. Summarse last week, coffee prices increased by VND 900 / kg. End of the nearest session, Robusta coffee prices in London delivered September 2021 to increase 19 USD / ton at 1,862 USD / ton, delivered 11/2021 Increase 19 USD / ton at 1,882 USD / ton. Meanwhile on New York floor, Arabica coffee prices delivered in September 2021 to increase 0.05 cents / lb at 178.25 cents / lb, delivered December 2021 to increase 0.2 cents / lb at 181.5 CENT / LB. The same last week, the London market has 3 sessions and 2 drops of intercropping
Robusta coffee prices in September futures increased all 34 USD and November delivery term to increase all 46 USD. Similarly, the New York market also has 3 sessions and 2 drops of intercropping. However, the price of Arabica coffee futures in September decreased all 4.50 cents and the December delivery term decreased from all 4.25 cents. Arabica coffee prices declined before the maturity date of the term In September, when "overbought" was previously worried by the loss of Brazilian production. In contrast, Robusta coffee prices followed the recovery momentum before the leading manufacturer's information declined. The market also witnessed the speculative flow that had moved strongly to the Arabica coffee market, as the profit margin of the New York flooring is more attractive in the short term. In the past week, the event has a strong impact on the market. Finance must include the Fed meeting minutes, showing that the intention of this agency wants to narrow down the $ 120 billion debt purchase program. Soon after, the index of the USD (DXY) reached the highest in the last 2 months, bought by speculators. This along with the Brazilian local currency decreased, causing Arabica coffee prices to decline deeply. Covid-19 has been broke out everywhere, causing global coffee consumption to temporarily decline. While the world economy recovered not as expected, inflation increased rapidly, causing many major banks to consider economic stimulus measures. According to experts, this will be the risk of making coffee prices and many other agricultural products degraded in the short term.

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