AIRLINK 199.50 Increased By ▲ 1.53 (0.77%)
BOP 9.95 Decreased By ▼ -0.09 (-0.9%)
CNERGY 7.40 Increased By ▲ 0.11 (1.51%)
FCCL 38.90 Increased By ▲ 2.90 (8.06%)
FFL 16.82 Decreased By ▼ -0.09 (-0.53%)
FLYNG 27.54 Increased By ▲ 2.50 (9.98%)
HUBC 135.45 Increased By ▲ 1.42 (1.06%)
HUMNL 14.34 Increased By ▲ 0.20 (1.41%)
KEL 4.77 Decreased By ▼ -0.01 (-0.21%)
KOSM 6.83 Decreased By ▼ -0.11 (-1.59%)
MLCF 46.20 Increased By ▲ 1.22 (2.71%)
OGDC 217.35 Decreased By ▼ -0.88 (-0.4%)
PACE 6.94 No Change ▼ 0.00 (0%)
PAEL 41.10 Decreased By ▼ -0.32 (-0.77%)
PIAHCLA 17.00 Increased By ▲ 0.14 (0.83%)
PIBTL 8.59 Increased By ▲ 0.13 (1.54%)
POWER 9.55 Increased By ▲ 0.16 (1.7%)
PPL 184.34 Decreased By ▼ -1.59 (-0.86%)
PRL 41.52 Increased By ▲ 0.25 (0.61%)
PTC 25.09 Increased By ▲ 0.32 (1.29%)
SEARL 104.30 Decreased By ▼ -0.35 (-0.33%)
SILK 1.00 Decreased By ▼ -0.01 (-0.99%)
SSGC 40.51 Decreased By ▼ -0.40 (-0.98%)
SYM 17.82 Decreased By ▼ -0.23 (-1.27%)
TELE 8.79 Decreased By ▼ -0.12 (-1.35%)
TPLP 12.82 Decreased By ▼ -0.02 (-0.16%)
TRG 66.39 Decreased By ▼ -0.21 (-0.32%)
WAVESAPP 11.48 Increased By ▲ 0.18 (1.59%)
WTL 1.74 Decreased By ▼ -0.04 (-2.25%)
YOUW 4.00 No Change ▼ 0.00 (0%)
BR100 12,129 Increased By 19.3 (0.16%)
BR30 36,784 Increased By 186 (0.51%)
KSE100 115,002 Decreased By -40.5 (-0.04%)
KSE30 36,164 Decreased By -35.9 (-0.1%)

HANOI/BANDAR LAMPUNG: Vietnam’s domestic coffee prices rose on Thursday, compared with last week, as supplies tightened after farmers refrained from selling the bean in hopes that prices would rise further, traders said.

Farmers in the central highlands, Vietnam’s largest coffee-growing area, were selling beans for 69,700-70,200 dong ($2.86-$2.89) per kg, up from last week’s 63,500-66,000 dong.

“Domestic prices reached a record high this week but trade is not robust as farmers are not selling. Beans are scarce,” said a trader based in the coffee belt.

According to the trader, prior to the harvest, some farmers made deals to sell new beans at 58,000 dong per kg. “Prices have risen significantly since, forcing some to delay deliveries of sealed contracts,” the trader said, adding farmers had finished picking beans and were drying them.

March robusta coffee gained $73 to $2,870 in a week, as of Wednesday’s close. Another trader said the higher price this week was in line with the increase in the London terminal due to the disruption of shipping via the Suez Canal.

Comments

Comments are closed.