Vietnam coffee intelligence issued on 15/4/2011
26 | 04 | 2011
In domestic markets, the prices are high but amount of coffee for exchanges is sparse. Although Robusta coffee prices in the world are encouraged by increasing demand, likely abundant supplies in Brazil, Colombia and Indonesia will raise supplies; high prices will make farmers sell their coffee right after they harvest. Therefore, it is predicted that Robusta coffee prices might slightly fall in the coming time and thus domestic prices experience the same trend.
In domestic markets, the prices are high but amount of coffee for exchanges is sparse. Although Robusta coffee prices in the world are encouraged by increasing demand, likely abundant supplies in Brazil, Colombia and Indonesia will raise supplies; high prices will make farmers sell their coffee right after they harvest. Therefore, it is predicted that Robusta coffee prices might slightly fall in the coming time and thus domestic prices experience the same trend.
Highlights:
- Mealybugs to appear on coffee trees in Central Highlands
- In DakLak, total 100% of coffee flower in second phase to be decayed
- A decrease of 15% in coffee output against last year
- New statistics about 2010/11 supply – demand of coffee in the world
- Prices of Urea and DAP fall in almost markets
- Outlook for coffee in domestic and world markets
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