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Vietnam coffee intelligence issued on 27/5/2011
31 | 05 | 2011
AGROINFO - With 15% of total output in 2010/2011 crop year stored in households, small volume of coffee sold out shows that sellers are waiting for a price hike in markets. Now, information about increase in coffee consumption worldwide is supporting the prices. While there is no information about increase in supply, sellers still have reason to wait for a higher price in short-run.


With 15% of total output in 2010/2011 crop year stored in households, small volume of coffee sold out shows that sellers are waiting for a price hike in markets. Now, information about increase in coffee consumption worldwide is supporting the prices. While there is no information about increase in supply, sellers still have reason to wait for a higher price in short-run.

Highlights:


- Dak Nong’s coffee suffers from rotten shank and fruit-drop
- Domestic prices of fertilizers reduce
- Domestic coffee prices make a new record high
- Rising coffee consumption in many countries
- Outlook for global and domestic markets

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