Vietnam coffee prices drop 14% in a week as global rates hit lowest level of the year
Coffee bean prices have fallen by 14% this week to VND96,000 (US$3.66) per kilogram following declines in global rates, which are now at their lowest levels of the year.
Some Vietnam coffee farms thrive despite drought, but may not stop espresso price hikes
Vietnamese coffee growers have been hit hard this year by the worst drought in nearly a decade, raising concerns of pricier espressos across the world, even as some farmers keep yields healthy with clever countermeasures.
Coffee’s in danger : Can Vietnam’s robusta save it from climate change ?
In Vietnam, the world’s second-biggest coffee grower, producers are on an urgent quest: To rehabilitate the widely grown, but ill-regarded, Robusta bean.
Vietnam is going all-in on a climate-change resistant coffee bean
For decades, the world of coffee has had one star: the arabica bean. It is “complex” and “deliciously refined,” according to companies such as Starbucks that have refused to use any other bean. It has engendered obsession among Java aficionados.
Here’s what Vietnam has to do with the price of your morning cup of Joe
Vietnam’s vast hoard of coffee beans is shrinking, a phenomenon that’s set to push rising global prices even higher.
Starbucks closes third Vietnam outlet
Starbucks Vietnam will close its Hanoi outlet after eight years, following the closure of two locations in Vietnam last year.
Concern grows for global coffee supply amid Vietnam lockdown
Traders are struggling to get beans to ports for export after Covid curbs were imposed on Ho Chi Minh City.
Vietnam lockdown adds to global coffee supply concerns
Vietnam has added to concerns over global supplies of coffee as the South East Asian country’s biggest city remains in lockdown.