(ĐN)- The price of coffee beans in Dong Nai province is at VND38,000 per kilo at present, over VND8,000 higher than in late 2013.
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(ĐN)- The price of coffee beans in Dong Nai province is at VND38,000 per kilo at present, over VND8,000 higher than in late 2013.
The rise in the price of coffee locally is due to the hike of coffee prices in the world market as well as bad weather lowering expected yields on coffee plants in the largest coffee growing countries.
Dong Nai exported over 14,300 tonnes of coffee in January, a rise of 23 percent against the same period in 2013, according to the province’s statistical office.
Experts forecast Vietnam’s coffee exports will thrive in 2014 with surges to be seen in both value and volume.
Last year, the country exported 1.32 million tonnes of coffee, earning 2.75 billion USD, the fourth best performance of Vietnam’s exports.
Reported by K.M
