Coffee market price today 11/15
World coffee price today
In the world market, coffee prices today 11/15 dropped simultaneously at both major exchanges.
At the latest trading session, the price of Robusta coffee on the London floor for delivery in January 2023 decreased by 12 USD/ton (equivalent to 0.65%), to 1,824 USD/ton.
And the price of coffee delivered in March 2023 on this floor is also decreasing by 10 USD/ton (equivalent to 0.55%), to 1,815 USD/ton.
The price of Arabica coffee on the New York Stock Exchange delivered in December 2022 is down 0.9 cents/lb (equivalent to 0.53%), to 170.1 cents/lb.
For delivery in March 2023, the price of coffee on this floor is down 1.2 cents/lb (equivalent to 0.71%), at 166.9 cents/lb.
The world coffee market simultaneously fell after the USD recovered. Although the decline in world coffee is not strong, but in a continuous volatile session, there was a time when the price of Robusta coffee "find a bottom" at $1,781/ton.
The dollar rebounded slightly after several sessions of decline after investors bet on the Fed will slow down the rate hike in the near future. And put pressure on the coffee market.
As of November 10, 22, standard inventories on the London Stock Exchange reached 90,170 tons compared to November 3, 91,520 tons; New York Stock Exchange reached 448,704 bags or 26,922 tons compared with 382,695 bags or 22,962 tons.
At the end of the old season, this inventory of Robusta coffee was 93,700 tons and Arabica coffee was 25,571 tons. Currently, there are nearly 22,000 tons of Arabica coffee waiting to be tested for standards.
Therefore, it can be seen that the inventory of standard Arabica coffee will increase rapidly in the near future. And this will certainly cause the price of Arabica coffee to decrease.
Thus, the price of coffee today 15/11/2022 in the world market decreased compared to yesterday.
Domestic coffee price today
Coffee price today 15/11 in the domestic market is also decreasing from 500-600 VND/kg compared to yesterday.
Specifically, the price of Lam Dong coffee (in 3 districts of Di Linh, Bao Loc and Lam Ha) is being purchased at 39,600 VND/kg today.
In Cu M'gar district (Dak Lak), the price of coffee today is kept at 40,100 VND/kg. In Ea H'leo and Buon Ho districts, today's coffee price in Dak Lak is kept at 40,000 VND/kg.
Coffee prices in Gia Nghia and Dak R'lap of Dak Nong province today were purchased at 40,100 and 40,000 VND/kg, respectively.
In Gia Lai, the price of coffee in Chu Prong today is at 40,100 VND/kg; while at Pleiku and La Grai are keeping the same level of 40,000 VND/kg.
The price of coffee today in Kon Tum is being purchased at 40,100 VND/kg.
Along with the downward trend of the world market, the domestic coffee price is also turning down and is at risk of losing the mark of VND 41,000/kg.
Agricultural prices today on November 15 in the domestic market continued to move sideways in pepper but fell in coffee.
Currently, the domestic price of pepper is still purchasing around 58,000 - 61,500 VND/kg.
Thus, the price of coffee today November 15, 2022 in the domestic market traded around the threshold of 39,600 - 40,100 VND/kg.
Coffee price list today 11/15
Below is the latest domestic coffee price list today 11/15/2022. Unit: VND/kg
Province | Local | Price | Volatility |
Lam Dong | Di Linh | 39,600 | -500 |
Lam Ha | 39,600 | -500 | |
Bao Loc | 39,600 | -500 | |
Dak Lak | Cu M'gar | 40,100 | -600 |
Air H'leo | 40,000 won | -600 | |
Buon Ho | 40,000 won | -600 | |
Dak Nong | Gia Nghia | 40,100 | -600 |
Dak R'lap | 40,000 won | -600 | |
Gia Lai | Chu Prong | 40,100 | -600 |
Pleiku | 40,000 won | -600 | |
At Grai | 40,000 won | -600 | |
Kon Tum | 40,100 | -600 |
Coffee price list today 11/15/2022 in the domestic market.