General Department of Vietnam Customs estimated coffee exports in July 2014 of our country was only 88.6 thousand tons, down 108 thousand tons compared to June, 2014 an down over 210 thousand tons compared to April . An industry expert is expected the last two months left, August and September of this year, exports volume will be continued weak if future prices do not increase strongly to stimulate selling goods. In the case futures prices down, domestic remain stable, there will be the mixfix between prices of the two parties – buyers and and sellers. Domestic price will be more expensive so it can slow exports if foreign buyers are not willing to pay high prices.

The export price of robusta grade 2, 5% black broken are now offered at minus 20-30 dollars / ton below the listed price of the futures floor Ice Liffe in London, while the buyers only pay 50-60 dollars / ton FOB (delivery through the rail). Isolated level 30-40 dollars / ton far made ​​export sales contract can not be realized. It is noteworthy that when futures prices rose sharply, buyers often stretch this export prices under this form further as it is now Brazil‘s robusta are paid about discount 65-85 dollars / ton FOB.

On the London futures floor, prices continued dropped. By the end of trading session on Wednesday August 20^th, the floors’ listed price closed at $ 1969 / ton, down 7 dollars / ton over a week ago and lost 124 dollars / ton compared to the first day of the month, the day has the highest closing price on this month till today.

"Goods which prepare to delivery almost ready thanks to buy in advance. If you wait to buy at  cheap price at current levels, there must be risk-averse because the price of coffee in the market at this moment rarely below 40 million VND / ton, "Head of one big export coffee Co. in Buon Ma Thuot City said. On Thursday morning – August 21^st, domestic coffee prices stayed around 39 million VND / ton.

Yet that was anticipated, the coffee export business is not less difficulties. Not only risk from industry itself, the capital has been controled by the world speculators, prices went up and down very erratically. "Inland transportation charges tripled due to the policy in tightening overloaded truck, sea freight last week was rose to the highest level since three months recently not only made us worry but also lose a large amount of money to compensation for losses for this unexpected increase, "he lamented.

Futures prices were limped, plus the rising of expenses, coffee must wait for a suddenly increase price to awake the inventory of coffee in the households go into the market before the new crop year starting.   

 Expert: Nguyễn Quang Bình