Markets Print edition: 2022-10-28

Vietnam domestic coffee declines

Published October 28, 2022 Updated October 28, 2022 05:58am
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HANOI/BANDAR LAMPUNG: Vietnam’s domestic coffee prices fell for a third straight week on weak global cues, while prices in Indonesia flipped to premium from discount, as stockpiles diminished at the end of the harvest, traders said on Thursday.

Farmers in the Central Highlands, Vietnam’s largest coffee-growing area, sold beans at 40,900-43,200 dong ($1.65-$1.74), down from last week’s 43,300-45,000 dong range.