Asia's top coffee exporters saw sluggish trade this week, with the bean market in Vietnam slowing on falling prices while Indonesia's main harvest ended and stocks receded, traders said on Thursday.
Farmers in the Central Highlands, Vietnam's largest coffee-growing area, sold coffee at 32,300-32,500 dong ($1.39-$1.40) per kg on Thursday, down from 33,000 dong last week.
Domestic prices fell further this week following a decrease in global prices, traders said.
January robusta coffee settled down $42, or 2.97%, at $1,370 per tonne on Wednesday.
"Sales are slowing as farmers are complaining that prices are too low now," said a trader based in the Central Highlands.
"They are refraining from selling beans as current prices are just slightly higher than the production cost," he added.
Vietnam's coffee exports in the first 11 months of 2019 fell 14.6%, from a year earlier, to about 1.47 million tonnes, official data shows.
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