Asia Coffee-Sluggish Trading In Vietnam Ahead Of Lunar New Year


Vietnam coffee prices fell in lacklustre trading ahead of a long holiday, while activity in Indonesia remained subdued on scarce stock and is not expected to pick up until March, traders said on Thursday.

Markets in Vietnam will shut from Jan. 23-29 to mark Tet or Lunar New Year.

“Coffee shipments from Vietnam will fall sharply the week before and during Tet,” a trader based in Ho Chi Minh City said, adding that export activities will not resume until the holiday is over.

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