HANOI/BANDAR LAMPUNG: Vietnam's domestic coffee prices were flat this week as trading activity was impacted by low stocks and coronavirus lockdowns in some parts of the coffee-growing areas, traders said on Thursday.
Farmers in the Central Highlands, Vietnam's largest coffee-growing area, sold coffee at 33,000-33,500 dong ($1.42-$1.45) per kg, unchanged from a week earlier.
"(The) lockdown order is expected to lift in four days. Until then, trading activities will remain this sluggish," said a trader based in the coffee belt.
Another trader also based in the region said the market would be tepid until at least October when the new crop season begins. "Meanwhile, baby cherries are growing well, with similar size to the cherries of the 2019/20 crop season," he said.