Domestic coffee prices surpass 60,000 VND/kg; USD steadily increases

Domestic coffee prices exceed 60,000 VND/kg

Updated at 4:24 a.m. on December 7, coffee prices suddenly reversed and increased sharply, increasing from 700 - 900 VND/kg. Currently, the average coffee price in the Central Highlands provinces is about 60,200 VND/kg, the highest purchase price in Dak Lak province is 60,500 VND/kg.

Specifically, the coffee purchase price in Gia Lai and Kon Tum provinces on December 7, 2023 was at a fairly high price of VND 60,300/kg; In Dak Nong province, coffee was purchased at VND 60,400/kg.

The price of green coffee beans (coffee beans, fresh coffee beans) in Lam Dong province in districts such as Bao Loc, Di Linh, Lam Ha, coffee is purchased at 59,900 VND/kg.

Coffee prices in Dak Lak province today are the highest; in Cu M'gar district, coffee is purchased at 60,400 VND/kg, and in Ea H'leo district, Buon Ho town, it is purchased at the same price of 60,500 VND/kg.

USD on the rise

The USD exchange rate today continued to increase slightly by 5 VND in both buying and selling directions. The world USD is steadily recovering above the 104 point threshold.

The central VND/USD exchange rate announced by the State Bank is adjusted to 23,951 VND/USD, up 0.025 VND compared to the closing price of the trading session on December 5.

Currently, the exchange rate allowed for trading by commercial banks ranges from 23,400 - 25,098 VND/USD. The US dollar exchange rate has also been brought to the buying and selling range by the State Bank of Vietnam from 23,400 to 25,098 VND/USD.

The bank USD exchange rate and foreign exchange rate this morning recorded a series of upward adjustments at banks. Specifically, Vietcombank has a buying price of 24,065 and a selling price of 24,435, an increase of 5 VND compared to yesterday's trading session. The current USD buying and selling prices are in the range of 23,400 - 25,300 VND/USD.

Domestic gold prices all reversed and decreased slightly.

Today, domestic gold prices fell by the most VND200,000/tael in both directions. World gold prices rose slightly again after the announcement of employment data.

At the time of survey at 5:00 a.m. on December 7, 2023, the gold price on the trading floors of some companies was as follows:

Today's 9999 gold price is listed by DOJI at 72.90 million VND/tael for buying and 74.20 million VND/tael for selling.

At Mi Hong Gold and Gemstone Company, at the time of survey, the listed price of SJC gold was at 73.20 - 74.00 million VND/tael (buy - sell).

SJC gold price at Bao Tin Minh Chau Company Limited is also traded by the enterprise at 73.03 - 74.08 million VND/tael (buy - sell). Meanwhile, at Bao Tin Manh Hai, it is being traded at 73.00 - 74.42 million VND/tael (buy - sell).