Coffee prices fall sharply

03:12, 26/12/2017

(ĐN)- The coffee price has dropped to VND35,000-36,000 per kilogram from VND45,000 per kilogram in Mid-2017, the lowest price in years.

(ĐN)- The coffee price has dropped to VND35,000-36,000 per kilogram from VND45,000 per kilogram in Mid-2017, the lowest price in years. The decrease was due to the lower world price of the product.

Farmers will likely suffer losses of up to VND3-5 million per tonne.

Local farmers are very worried as their coffee gardens have been harvested, but the price was dropping heavily.

Reported by K.M

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