Vietnam coffee nears all-time high

Robusta coffee prices in Vietnam hovered near record highs on Wednesday, with farmers continuing to hold onto remaining thin stocks on hopes of further gains, traders said. Coffee export firms in the key growing province of Daklak cut their buying prices to 45.1-45.4 million dong ($2,169-$2,184) a tonne, after seeking to buy from farmers at 45.7 million dong a tonne on Tuesday, an all-time high.

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