Coffee News September 6, 2024
6 thg 9, 2024
Domestic Coffee Price Situation:
Today, domestic coffee prices fluctuate between 119,800 and 120,900 VND/kg, averaging 120,300 VND/kg, an increase of 400 VND compared to yesterday. The highest purchase price is recorded in Đắk Nông Province at 120,500 VND/kg, while the lowest is in Lâm Đồng Province at 119,400 VND/kg.
Global Coffee Situation:
Global coffee prices continue to fluctuate due to the depreciation of the USD and weather conditions in Brazil.
Arabica Coffee Contract for December 2024:
The Arabica Coffee Contract for December 2024 continues to rise. Specifically, the settlement price on September 5 was 244.20 cents/pound, a 0.21% increase compared to the previous day.
Date | Settlement Price (cents/pound) | Price Change (USD) | Price Change (%) |
8/28/2024 | 256.45 | ||
8/29/2024 | 247.60 | -8.85 | -3.45% |
8/30/2024 | 244.05 | -3.55 | -1.43% |
9/2/2024 | 244.05 | 0.00 | 0.00% |
9/3/2024 | 242.80 | -1.25 | -0.51% |
9/4/2024 | 243.70 | 0.90 | 0.37% |
9/5/2024 | 244.20 | 0.50 | 0.21% |
Robusta Coffee Contract for November 2024:
The Robusta Coffee Contract for November 2024 turned downward. Specifically, the settlement price on September 5 was 4,911 USD/ton, a decrease of 0.02% compared to the previous day.
Date | Settlement Price (USD/ton) | Price Change (USD) | Price Change (%) |
8/28/2024 | 4,926 | ||
8/29/2024 | 4,901 | -25 | -0.51% |
8/30/2024 | 4,948 | 47 | 0.96% |
9/2/2024 | 4,700 | -248 | -5.01% |
9/3/2024 | 4,710 | 10 | 0.21% |
9/4/2024 | 4,912 | 202 | 4.29% |
9/5/2024 | 4,911 | -1 | -0.02% |
Source: Multiple sources
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