A surge in domestic coffee prices was attributed to the fact that traders actively purchased coffee before the Lunar New Year (Tết) holiday while exporters were afraid of supply shortages like last year so they tended to buy more.
Việt Nam''s coffee export turnover reached US$4.08 billion in the 2022-23 crop year, a year-on-year increase of 3.4 per cent, driven by the highest coffee export prices in the last 30 years.
Vietnamese coffee export could reach a record level this year thank to domestic and world prices climbing to the highest level in the past 15 years on scarce supply, low coffee reserve and strong increase in the world demand for...
