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Coffee News August 02, 2024

2 thg 8, 2024

Domestic Coffee Prices Situation:

Today's domestic coffee prices range from 122,600 to 123,000 VND/kg, with an average of 122,800 VND/kg, down 500 VND compared to yesterday. The highest buying price is in Dak Lak and Dak Nong provinces at 123,000 VND/kg, while the lowest is in Lam Dong province at 122,600 VND/kg.

Global Coffee Market Situation

The prices of both coffee types continued to decline in the last session amid the strong rise of the USD and the depreciation of the Brazilian real.


The price of the September 2024 Arabica Coffee Futures Contract continued to decrease. Specifically, the settlement price on August 1 was 227.25 cents per pound, down 0.85% compared to the previous session.

September 2024 Arabica Coffee Futures price quotes (KCEU24)

Date

Settlement Price (cent/pound)

Change (USD)

Change (%)

7/24/2024

231.15



7/25/2024

234.7

3.55

1.54%

7/26/2024

230.25

-4.45

-1.90%

7/29/2024

230.4

0.15

0.07%

7/30/2024

230.8

0.40

0.17%

7/31/2024

229.2

-1.60

-0.69%

8/1/2024

227.25

-1.95

-0.85%

The September 2024 Robusta Coffee Futures Contract experienced its fifth consecutive decline. Specifically, the settlement price on August 1 was $4,225 per ton, down 0.84% compared to the previous session.

September 2024 Robusta Coffee Futures price quotes (LRCU24)

Date

Settlement Price (cent/pound)

Change (USD)

Change (%)

7/24/2024

4,327



7/25/2024

4,395

68

1.57%

7/26/2024

4,302

-93

-2.12%

7/29/2024

4,267

-35

-0.81%

7/30/2024

4,266

-1

-0.02%

7/31/2024

4,261

-5

-0.12%

8/1/2024

4,225

-36

-0.84%

Source: Multiple sources

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Metal prices showed mixed movements.

Metals News September 17, 2024

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Many commodities in the energy and metals groups simultaneously increased in price, while the agricultural and industrial raw materials markets saw a return of the red.

Commodity markets fluctuated during the early week trading session.

17 tháng 9, 2024

The prices of Robusta and Arabica coffee have risen significantly.

Coffee News September 16, 2024

16 tháng 9, 2024

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