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Asia Coffee-Trade Remains Quiet In Vietnam; Indonesian Supplies Steady

From: in.investing.com

HANOI/BANDAR LAMPUNG, Aug 29 (Reuters) – Coffee trading was slow this week in Vietnam with domestic prices staying unchanged from a week earlier, while supply remained steady in Indonesia despite a main harvest coming to an end.

Farmers in the Central Highlands, Vietnam’s largest coffee growing area, sold coffee at 35,000 dong ($1.51) per kg COFVN-DAK , unchanged from last week.

“Trading activities were tepid as weak London prices discouraged Vietnamese farmers from offloading stocks,” said a trader based in the Central Highlands.

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