Vietnam coffee intelligence issued on 20/5/2011
27 | 05 | 2011
AGROINFO - Although world coffee supply is being loosened, risks of the U.S dollar in currency markets are making coffee demand increased. According to agents in Central Highlands, there is a small amount of Robusta stored in households. This week, amount of coffee sold out is un-considerable; therefore, domestic prics will not witness many developments in the coming time.
Although world coffee supply is being loosened, risks of the U.S dollar in currency markets are making coffee demand increased. According to agents in Central Highlands, there is a small amount of Robusta stored in households. This week, amount of coffee sold out is un-considerable; therefore, domestic prics will not witness many developments in the coming time.
Highlights:
- In Dak Lak, lower rate of pest and diseases in coffee trees that last year
- Decreasing world and domestic coffee prices
- Reducing domestic fertilizer prices
- Outlook for world and domestic coffee markets
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