Local Robusta coffee price hits six-month record high

The purchasing price for Robusta coffee in the Central Highlands has sharply increased to hit the record high since Feb. 2009.
The purchasing price for Robusta coffee in the Central Highlands has sharply increased to hit the record high since Feb. 2009.

One tonne of Robusta coffee was traded at 26.1 million VND, up 900,000 VND, in Dak Lak and Lam Dong provinces and at 26 million VND, up 800,000 VND, in Gia Lai and Kon Tum provinces.

The domestic price increase is resulted from the coffee price hike on the London market.

Robusta for September delivery climbed from 1,456 USD to 1,513 USD per tonne on the London International Financial Futures and Option Exchange (LIFFE)./.

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