AGL 40.40 Increased By ▲ 0.20 (0.5%)
AIRLINK 129.25 Increased By ▲ 0.14 (0.11%)
BOP 6.81 Increased By ▲ 0.21 (3.18%)
CNERGY 4.13 Increased By ▲ 0.10 (2.48%)
DCL 8.73 Increased By ▲ 0.28 (3.31%)
DFML 41.40 Increased By ▲ 0.15 (0.36%)
DGKC 87.75 Increased By ▲ 0.75 (0.86%)
FCCL 33.85 Increased By ▲ 0.50 (1.5%)
FFBL 66.40 Increased By ▲ 0.50 (0.76%)
FFL 10.69 Increased By ▲ 0.15 (1.42%)
HUBC 113.51 Increased By ▲ 2.81 (2.54%)
HUMNL 15.65 Increased By ▲ 0.42 (2.76%)
KEL 4.87 Increased By ▲ 0.09 (1.88%)
KOSM 7.62 Decreased By ▼ -0.21 (-2.68%)
MLCF 43.10 Increased By ▲ 1.20 (2.86%)
NBP 61.50 Increased By ▲ 1.00 (1.65%)
OGDC 192.20 Increased By ▲ 9.40 (5.14%)
PAEL 27.05 Increased By ▲ 1.69 (6.66%)
PIBTL 7.26 Increased By ▲ 1.00 (15.97%)
PPL 150.50 Increased By ▲ 2.69 (1.82%)
PRL 24.96 Increased By ▲ 0.40 (1.63%)
PTC 16.25 Increased By ▲ 0.01 (0.06%)
SEARL 71.30 Increased By ▲ 0.80 (1.13%)
TELE 7.25 Decreased By ▼ -0.05 (-0.68%)
TOMCL 36.29 Decreased By ▼ -0.01 (-0.03%)
TPLP 8.05 Increased By ▲ 0.20 (2.55%)
TREET 16.30 Increased By ▲ 1.00 (6.54%)
TRG 51.56 Decreased By ▼ -0.14 (-0.27%)
UNITY 27.35 No Change ▼ 0.00 (0%)
WTL 1.27 Increased By ▲ 0.04 (3.25%)
BR100 9,967 Increased By 125.2 (1.27%)
BR30 30,751 Increased By 714.7 (2.38%)
KSE100 93,292 Increased By 771.2 (0.83%)
KSE30 29,017 Increased By 230.5 (0.8%)

Coffee prices in Vietnam hit their lowest in nearly 2-1/2 years following global cues, while trading in Indonesia was thin at the end of its main harvest season, traders said on Thursday.
Farmers in Vietnam, the world's second biggest coffee producer after Brazil, offered coffee at around 32,500 dong-33,300 dong ($1.39-$1.43) per kg in the province of Daklak, the lowest since April 2016, traders said. International markets recovered slightly on Wednesday but prices are still unattractively low, said Phan Hung Anh, deputy director of Anh Minh Co, a coffee-trading firm in Daklak province, Vietnam's major coffee growing area.
November robusta coffee settled up $26, or 1.8 percent, at $1,501 per tonne on Wednesday. The second-month contract had slumped to a 2-1/2-year low of $1,465 on Tuesday.
Exporters offered Vietnam's 5-percent black and broken grade 2 robusta at $40-$70 discount to London's November contract, while importers sought a $60-$70 discount, traders said.
Trader expected coffee exports this month to dip to 90,000 tonnes-120,000 tonnes from 135,000 tonnes in August, citing low prices and as Vietnam is heading towards the end of its crop season.
In Indonesia, premiums for the grade 4 defect 80 robusta in the province of Lampung were at $90 to the November contract or $130-$140 to the January contract, traders said. Last week, premiums were at $100 to the November contract.

Copyright Reuters, 2018

Comments

Comments are closed.