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Asia Coffee-Vietnam Market Subdued Ahead Of Main Harvest In Upcoming Weeks

From: reuters.com

Coffee trading in Vietnam remained lacklustre ahead of the main harvest expected from mid-November, with traders awaiting new beans coming in bulk in upcoming weeks, traders said on Thursday.

Farmers in the Central Highlands, Vietnam’s largest coffee-growing area, sold coffee COFVN-DAK at 33,200 dong ($1.43) per kg, compared with last week’s 32,400-34,000 dong range.

“Market is dull due to lower international prices, scarce supplies and adverse weather,” said a trader based in the coffee belt.

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