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Coffee prices fell record

Over the weekend, both domestic and export prices of coffee in Vietnam decreased, reaching an unprecedented lows in the last 15 years. In some districts of Lam Dong and Dak Lak, Robusta coffee with dry buckets is sold at 4,500-4,700 VND / kg, grade 1 at 5,400-5,700 VND / kg, down 300-400 VND / kg compared to the beginning of the month. 7. Vietnam's export price of Robusta coffee also dropped to a record low, on July 12, the price of Robusta coffee type 2, delivered in August 2001, was only 380 USD / ton compared to the same period last month. According to the Ministry of Trade, in the first 6 months of 2001, the country exported 547,000 tons of coffee worth US $ 253 million, up 51.3% in volume but down 15.3% in value over the same period last year. According to the Saigon Economic Times
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