A farmer harvests coffee in Vietnam's Kon Tum Province. - VNA/VNS/ANN
HANOI: Coffee prices are soaring at an unprecedented pace, surpassing expert predictions and raising concerns over market speculation. On February 11, coffee prices in the Central Highlands climbed to VND131,000 (US$5.1) per kilogramme, an increase of VND2,000 (US$0.079) from the previous day.
On the London exchange, Robusta coffee prices fluctuated between US$5,573 and US$5,696 per tonne while Arabica coffee on the New York exchange surged by US$540, reaching US$9,460 per tonne for the March 2025 contract.
