Robusta coffee beans prices of Robusta coffee beans in Vietnam continue to rise
According to Simexco, coffee production in Vietnam is expected to decrease by 10 to 27 million bags compared with the 30 million bags produced by 2020 Lexi 22. The decline in production means that the price of robusta coffee beans in Vietnam will continue to rise.
According to foreign media reports, the price of Vietnamese curry rose from 3.18 to 32300 dong per kilogram last week to 3.21 to 32800 dong.
A Vietnamese coffee trader said: "the 5% black and broken grade 2 Robusta beans they offer are at a premium of $50 to $60 over the May futures contract, $10 to $20 higher than a week ago. However, because the price does not meet the expected prices of farmers, there is not much coffee traded on the market this week, so there is room for the price of Vietnamese coffee beans to rise in the future.
According to Bloomberg, "as of March 10, Vietnam has sold 60% of the total production of Robusta 2020swap 21, the same pace as the same period last year."
If the price of Vietnamese coffee remains at 33100 dong / kg (current price level), sales are expected to reach 83 per cent by June. But if the price rises to 34000-35000 dong / kg, then there is a chance to sell out Vietnam 2020prime 21 seasonal coffee beans in April or May.
* Image source: Internet
Important Notice :
前街咖啡 FrontStreet Coffee has moved to new addredd:
FrontStreet Coffee Address: 315,Donghua East Road,GuangZhou
Tel:020 38364473
- Prev
Ruixing Coffee is currently in a situation where Ruixing Coffee has reached a restructuring support agreement with creditors after bankruptcy
At the end of 2020, the Securities and Exchange Commission filed a complaint against Ruixing Coffee alleging financial fraud. In retrospect, it has been nearly a year since the initial outbreak of Ruixing Coffee's entire case. Although Ruixing is constantly making up for the negative impact caused by the false transaction, the matter has not been finally resolved. After Ruixing Coffee filed for bankruptcy, March 16
- Next
What is it that Starbucks picks up Mini Program from the store? Starbucks Mini Program brown launches new coffee social functions.
Starbucks WeChat Mini Programs has come up with a new way to play! On March 16th, Starbucks China Coffee Express Service officially landed in WeChat Mini Programs. At the same time, Starbucks also launched two new features, helping TA Belt and Coffee Social experience, which were also launched by WeChat Mini Programs. It is understood that these two major service functions are based on the social attributes of Wechat ecology.
Related
- How to choose a semi-automatic espresso machine correctly? What is the difference between a hundred yuan/thousand yuan/ten thousand yuan coffee maker?
- The sales look strange! Lucky's new cream top encountered a problem!
- Unexpectedly! Is the last store in Guming Xi'an closed?!
- Flavor characteristics of alo Hamathiu coffee in Sidamobansa, Ethiopia! Flavor characteristics of coffee beans in Ethiopia 74158, the world's top ten coffee producing areas!
- What is the reason why the coffee brewed in the mocha pot is bitter and sprayed with double ponytails? Should I use light or medium to deep roast coffee beans to make mocha pot coffee?
- Is the extracted flavor of hand-brewed coffee metaphysics? Hand-brewed single-item boutique coffee grinding ratio, water temperature time, which parameter is the most important?
- What ratio of milk and coffee should I use to make-86°Cdirty? Should I use a frozen cup or a refrigerated cup to make dirty coffee?
- What is the difference between decaf coffee and regular coffee? Can caffeine intolerance be combined with decaffeinated coffee? What are the methods to treat decaf coffee?
- Do I need to pick defective beans for Italian hand-brewed single-piece coffee? What is the difference between the mouldy beans, black beans, insect eaten beans, Quake beans in coffee?
- What does the flow distance and flow rate of Italian latte pull flowers mean? Share tips on making coffee flowers, love leaves, tulip patterns!