Vietnam coffee intelligence issued on 13/5/2011
18 | 05 | 2011
Domestic prices made a new record, making
farmers boldly sell coffee with huge volume.
As calculated, amount of coffee stored in
households is around 10%. However, stable
supply of Robusta in short-run, if without any
great changes of the U.S dollar, domestic
prices are hardly to strongly increase like this
week.
Domestic prices made a new record, making farmers boldly sell coffee with huge volume. As calculated, amount of coffee stored in households is around 10%. However, stable supply of Robusta in short-run, if without any great changes of the U.S dollar, domestic prices are hardly to strongly increase like this week.
Highlights:
- There is no sign of reduction of mealybugs
- Many growers in Central Highlands replace coffee trees as pepper trees
- Prices of fertilizers greatly rise
due to increasing demand
- Domestic and world prices decline due to supplies loosening
- Outlook for domestic and world coffee markets
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