Coffee prices slide as Vietnam faces seasonal dryness
As of the February 17, 2025, trading session, the March position closed at $5,735 (sh21,058,190) per ton, marking a decline of $59 (sh216,766) from the previous closing price.
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LIFFE data indicates that, historically, the rainy season in April plays a crucial role in setting the flowering stage for the next coffee crop. (File photo)
By NewVision Reporter
Journalists @NewVision
Vietnam’s central highlands, a key coffee-growing region, are experiencing seasonally drier weather, according to the global coffee futures market on the London International Financial Futures and Options Exchange