Coffee prices in Vietnam hit 72,500 (US$$2.87) per kilo today the highest price ever, VN Express is reporting. The publication credits this to concerns about supply shortages due ships avoiding the Suez Canal due to conflict in the Red Sea and instead going around Africa.
Vietnam coffee prices, Dak Lak, January 11 to 17
Per Kilo | Change | |||
Date | VND | US$ | VND | US$ |
11/1 | 70,800 | $2.89 | 300 | $0.01 |
12/1 | 70,700 | $2.88 | -100 | $0.00 |
13/1 | 70,600 | $2.88 | -100 | $0.00 |
16/1 | 71,400 | $2.91 | 800 | $0.03 |
17/1 | 72,500 | $2.95 | 1,100 | $0.04 |
Avg. | 71,200 | $2.90 | 400 | $0.02 |
Source: Gia Caphe
See also: How to Open a Cafe in Vietnam: Ultimate Guide 2023