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
- 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
- The design principle of the V60 filter cup! Why is the V60 filter cup called V60? What is the difference between a V60 hand-brewed coffee filter cup and a cake filter cup? Who invented the V60?
- Why does mocha pot coffee smell burnt? How to adjust the coffee extract in the mocha pot? What should I do if the coffee in the mocha pot is burnt? Why is mocha pot coffee so easy to overpower?
- Why can't cappuccinos be made takeout? What is the ratio of coffee to milk in a cappuccino? How thick is the milk foam in capuccino? What does Capuccino mean?
- How to make silky and strong salty mocha coffee? How to make a delicious mocha latte? What is the difference between latte and mocha coffee?
- How to use the Aiyue coffee press machine? Who invented Aiyue Pressure? What is the difference between Aiyue brewed coffee and hand-brewed coffee? What is the principle of coffee extraction from Aiyue Pressure?
- How to make the world's top coffee Yejia Xuefei? What are the characteristics of Yejia Shefi coffee? What is the flavor of Yejia Shefei? How to solve the blockage during lightly baked beans?
- What does long extract coffee mean? What is the difference between long-extract coffee and American coffee? What is the difference between Lungo and American coffee? What is Lungo Coffee?
- What does under-extracted coffee taste like? What are the characteristics of over-extracted coffee? How to tell if coffee is over-extracted or under-extracted?
- Why isn't Dirty hot? What is Dirty in espresso? What should I do with hot Dirty?
- Share the correct way to make hanging ear coffee! How much water should I use to make my ear coffee? How many stages does the water injection of hanging ear coffee need to be divided into? How much water does it take to put in hanging ear coffee? How to m