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4%; the export value is 674 million US dollars, a year-on-year increase.
35.
6%
.
Notably, in February 2022, the average export price of Vietnamese coffee is estimated at US$2,337/ton, up 32.
6% from February 2021
.
In the first two months of 2022, the average export price of Vietnamese coffee is estimated at US$2,299/ton, up 31.
1% from the same period in 2021
.
6% from February 2021
.
In the first two months of 2022, the average export price of Vietnamese coffee is estimated at US$2,299/ton, up 31.
1% from the same period in 2021
.
In the domestic market, domestic coffee prices in February 2022 still achieved substantial growth compared to the end of January 2022
.
.
Specifically, on February 28, 2022, the price of coffee in the domestic market rose by 1,200 VND/kg from January 28, 2022, reaching the highest level of 41,000 VND/kg (Dak Lak); the lowest was 40,400 VND/kg /kg (Lim Dong province); the price in Gia Lai and Dak Nong provinces is VND 40,900/kg
.
.
Global coffee prices are forecast to trend lower in the short term
.
Speculators pulled out of money for a "safe haven" on risk concerns as tensions "escalated" between Russia and Ukraine
.
In the long run, coffee prices will recover when tensions between Russia and Ukraine "cool down
.
"
.
Speculators pulled out of money for a "safe haven" on risk concerns as tensions "escalated" between Russia and Ukraine
.
In the long run, coffee prices will recover when tensions between Russia and Ukraine "cool down
.
"
The appreciation of the real has caused Brazilian coffee growers to reduce sales, even as the country and some major robusta coffee producers enter the new crop harvest at the end of March 2022, contributing significantly to the current supply shortage situation
.
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.
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