Agrinews Vietnam coffee market dull on thin supply; trade picks up in Indonesia
Sản phẩm khuyên dùng
Máy thổi khí AT thiết kế nhỏ gọn, lưu lượng khí lớn, áp suất mạnh. Phù hợp để lắp đặt sục khí ao nuôi tôm, trại giống, ương tôm, nuôi tôm nhà màng …
Sản phẩm khuyên dùng
Tima - Tủ điều khiển ứng dụng mạng không dây LoRa. Tima sử dụng giao thức truyền dữ liệu không dây tầm xa LoRa điều khiển thiết bị như máy bơm nước, động cơ điện…
Sản phẩm khuyên dùng
Chúng tôi tự hào giới thiệu Ống thông khí Nano-Tube bọt khí mịn, oxy hoà tan cao, cải tiến quan trọng để khuếch tán oxy hoà tan trong nước phục vụ nuôi tôm công nghệ cao.

Vietnam coffee market dull on thin supply; trade picks up in Indonesia

Author Reuters, publish date Tuesday. October 1st, 2019

Vietnam coffee market dull on thin supply; trade picks up in Indonesia

Coffee trading in Vietnam continued on a sluggish note this week as stockpiles dwindled, while a busy Indonesian market saw more produce from its main harvest, traders said on Thursday.

A man checks roasted coffee beans at a factory in Hanoi, Vietnam November 22, 2016. Photo: Reuters

Farmers in the Central Highlands, Vietnam's largest coffee growing area, sold coffee at 35,000 dong ($1.51) per kg, unchanged from last week.

"Very few exports deals were struck in the last couple of weeks due to low supply at the end of the 2018/19 crop season," a Ho Chi Minh City-based trader said.

"Trading activities will stay muted until the next harvest that will begin in October," he added.

Another trader based in the Central Highlands said it was still too soon to forecast the output of the upcoming harvest, but the weather has been favourable for coffee trees.

Vietnam's coffee exports in the first seven months of this year fell 9.6% from a year earlier to about 1.06 million tonnes, official data shows.

Traders in Vietnam offered 5% black and broken grade 2 robusta at $220-$250 per tonne, premium to the November contract, compared with a range of $170-$180 premium a week ago.

November robusta coffee settled up $4, or 0.3%, at $1,328 per tonne on Wednesday.

Meanwhile, trading activity in Indonesia was busier this week, a trader said, with more supply coming in this week despite the harvest season coming to an end.

Sumatran robusta beans are offered with $150 premium this week to the November contract. That compared with $170-$220 premium last week, a trader in Indonesia's Lampung province said.

"We suspect farmers still have decent stock of beans and they are selling them little by little," the trader said.


Sản phẩm khuyên dùng
Máy thổi khí AT-80 đang rất được ưa chuộng hiện nay trên thị trường, lưu lượng khí lớn, hoạt động mạnh mẽ.
Sản phẩm khuyên dùng
Tima - Tủ điều khiển ứng dụng mạng không dây LoRa. Tima sử dụng giao thức truyền dữ liệu không dây tầm xa LoRa điều khiển thiết bị như máy bơm nước, động cơ điện…
Pepper sector urged to renew growth model Pepper sector urged to renew… Exports of vegetable, fruits to China plunge in July Exports of vegetable, fruits to…