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Vietnam coffee intelligence issued on 06/5/2011
11 | 05 | 2011
This week, price minus of Vietnam’s coffee exports reflects the facts that export prices of Vietnam’s coffee are supported by rare supply and increasing demand. According to local agents in Dak Lak and Gia Lai, this week, benefited price made farmers to sell out a huge amount of coffee stockpiles. Therefore, if the value of the U.S dollar continues to reduce, the prices are forced to sharply increase due to low stockpiles

This week, price minus of Vietnam’s coffee exports reflects the facts that export prices of Vietnam’s coffee are supported by rare supply and increasing demand. According to local agents in Dak Lak and Gia Lai, this week, benefited price made farmers to sell out a huge amount of coffee stockpiles. Therefore, if the value of the U.S dollar continues to reduce, the prices are forced to sharply increase due to low stockpiles

Highlights:

- 900 hetares of coffee in Lam Dong are infected mealybugs
- Dak Nong – over 1000 hectares of coffee is threatened by mealybugs
- Increasing prices of fertilizers
- Domestic coffee prices make a new record
- Outlook for world and domestic coffee prices

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