Robusta coffee prices in dakak vietnam : Vietnam, top global robusta producer, starts its new coffee crop year next month, with the harvest expected to peak from late November amid coffee prices that remain under pressure.Vietnam could export around 90,000 tonnes in September, on par with shipments last month, traders have forecast.
Growers and speculators "will be selling as the hope of price gains is over," a Vietnamese trader in Daklak said. Premiums for Vietnamese robusta beans grade 2, 5 percent black and broken widened to $60-$80 a tonne to the November contract, from $65-$70 last week, while bids were seen at around $30 a tonne.
Robusta eased to 35,200-35,700 dong ($1.57-$1.59) per kg on Tuesday in Daklak, Vietnam's key growing province, from 35,300-36,000 dong late last week.
Vietnamese coffee exporters have been seeking to sell robusta beans to free up warehouse space ahead of the 2015/2016 season and some growers have also started unloading stocks as their hope of price gains have been dashed
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