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Xuất khẩu cà phê Indonesia bị trì hoãn do thiếu tàu
Theo Volcafe, hoạt động xuất khẩu cà phê từ Indonesia, nước sản xuất cà phê robusa thứ 3 thế giới, bị trì hoãn dù đúng vào đợt thu hoạch rộ. Volcafe cho biết, gần đây, lượng cà phê mà nông dân vận chuyển ra cảng Panjang ở phía nam Sumatra tăng mạnh. Tuần trước, lượng hàng đưa ra cảng vào khoảng 5000-5500 tấn, từ mức 2000-2500 tấn vào giữa tháng 8. Tuy nhiên, hoạt động xuất khẩu lại bị trì hoãn do một số hãng vận tải nơi đây ngừng hoạt động, dẫn đến tình trạng thiếu tàu chở hàng.Giá cà phê Indonesia giao tháng 9 và tháng 10 giao dịch với mức giá khá ổn định, cộng 40 USD/tấn so với giá giao tháng 11 tại sàn ...xem thêm... -
Vietnam Coffee Discount Said to Be Narrow on Delayed Harvest
The discount buyers are demanding for coffee from Vietnam, the world’s largest producer of robusta beans, continued to narrow in the past week, as rains delayed the country’s coffee harvest, traders said. Beans from the 2011-12 season are selling at a discount of $20 to $40 a metric ton to the price on the NYSE Liffe exchange in London, according to three traders, who have direct knowledge of the prices and declined to be identified because they aren’t authorized to speak to the media. The discount was $30 to $40 a ton a week ago and $50 to $60 a ton on Oct. 7. “The prolonged rains did slow things down, but there is no indication to believe the crop is going to suffer in size,” Volcafe, the coffee unit of commodities trade ED&F Man Holdings Ltd., said in a report...xem thêm... -
Robusta Coffee Traders Bet on Lower Prices, Liffe Data Show
Money managers were betting on lower robusta coffee prices in London last week, reversing a bet on higher values the previous seven weeks, according to data from NYSE Liffe. Net-short positions, or bets prices will fall, came to 6,251 contracts as of Oct. 25, data on the exchange’s website today show. That compares to net-long positions, or bets on higher prices, of 2,256 contracts as of Oct. 18, the data show. Money managers have been reducing their net long bets since the reports started on Sept. 6. Robusta coffee for January delivery fell 2.1 percent from Oct. 18 to Oct. 25 before a bigger harvest in Vietnam, the world’s largest producer of the bitter beans. Output there may be a record 22 million bags, Volcafe, the coffee unit of commodities trader ED&F Man Holdin...xem thêm... -
IMPORTANT UPDATE: COFFEE
Torrential rains have continued to fall in Central America and anotherstorm is expected to pass over the region bringing additional unwantedrains. The deadly storms unleashed onto the countries has broughtconsiderable to roads and infrastructure as well as the tragic loss oflife. Last week coffee producers were more optimstic about thesituation indicatin that while the situation was "terrible" themajority of the coffee crops may have been spared. Over the weekendand today the reports of damage to the ripening cherries has escalatedand one coffee official admitted that his association made a mistakein calculating the damage and it was worse than feared. Cherries havefallen to the ground, but there are other considerations. Thecherries can only absorb so much water and th...xem thêm... -
In preparing for FTAs, Vietnam needs to install non-tariff barriers
Pham Chi Lan, a well known economist in Vietnam, has urged relevant ministries to consider installing non-tariff barriers to control the imports, which she believes a very important thing that needs to be done in preparing for the implementation of free trade agreements (FTAs). From now to 2015, under the commitments Vietnam has made in six bilateral and multilateral FTAs, Vietnam will have to gradually cut down the tariffs of thousands of goods items to 0-5 percent, mostly to 0 percent, and open the domestic market widely for imports. Lan said that the low import tariffs will pave the way for foreign made products to flow to Vietnam which later may dominate the domestic market. This should be seen as big worry for the national economy, where the technical barriers remain imp...xem thêm... -
Vinacafe Bien Hoa Profit May Beat Forecast by 44pct, Dung Says
Vinacafe Bien Hoa Joint-Stock Co., a unit of Vietnam's second-biggest coffee exporter, said full- year net income may exceed its forecast by 44 percent as raw- material costs were less than anticipated. Profit for the year ending December 31 may rise to 200 billion dong ($9.6 million), compared with the previous forecast of 139 billion dong, said deputy general director Le Hung Dung. Net income at the maker of roasted and instant coffee may have reached 140 billion dong in the first eight months, Dung said in an interview yesterday. Vinacafe Bien Hoa, the target of a takeover offer from Masan Group Corp. (MSN), said last month the purchase of raw materials "at a good price" had boosted year-to-date profit. Lower global prices will help the company cut the cost of importing ...xem thêm... -
Vietnam to stockpile 400,000 T coffee
HANOI, Sept 16 (Reuters) - Vietnams 16 largest coffee exporters will buy 432,000 tonnes, or 7.2 million 60-kg bags, of the bean for stockpiles to prevent prices from falling, a state-run newspaper said on Friday....xem thêm... -
Vietnam Coffee-New beans on offer but demand thin
Vietnamese robusta coffee is usually quoted at a discount to London robusta futures as buyers want to hedge the risks of delivery time and quality problems....xem thêm... -
Gadhafi appears on verge of collapse as fighters reach Tripoli
Tripoli, Libya (CNN) -- The 42-year rule of Moammar Gadhafi appeared on the verge of collapse early Monday, with rebel supporters packing the same Tripoli square where regime loyalists had congregated for months.<br /><br />...xem thêm... -
Ministry offers six solutions to curb inflation, stabilise macro economy
In a bid to tame the consumer price index (CPI) at about 17 percent as targeted by the government, the Ministry of Finance (MoF) has recently offered six solutions to realise the goal of curbing inflation and stabilising the macro economy. Accordingly, first, the ministry will focus on solving the key problems of price such as the quality of growth, competitiveness of the economy and efficient use of capital. Second, it is necessary to fully carry out measures to control the aggregate demand in the economy in accordance with the government's Resolution No 11/NQ-CP. Third, the country needs to ensure the supply-demand balance of goods and services in all circumstances, of which, first of all is essential goods for production and life. In addition, rearrangement and reorganisa...xem thêm...
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