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
Related Posts
Global coffee prices have soared to record highs due to adverse weather conditions in major growing regions worldwide, potentially reducing coffee production
Why Did the Price of Robusta Coffee Reach a New Record?
.png)
16 tháng 9, 2024
China’s steel production fell by more than 10% from a year earlier in August as the industry reeled from low prices and a damaging slump in demand.
China’s Steel Crisis Sends August Output to Lowest Since 2017
.png)
16 tháng 9, 2024
The weakening of the USD propelled metal prices to surge significantly in the final session of last week.
Metals News September 16, 2024
.png)
16 tháng 9, 2024
Related Post
Add paragraph text. Click “Edit Text” to update the font, size and more. To change and reuse text themes, go to Site Styles.
Add paragraph text. Click “Edit Text” to update the font, size and more. To change and reuse text themes, go to Site Styles.
Add a Title
Add paragraph text. Click “Edit Text” to update the font, size and more. To change and reuse text themes, go to Site Styles.
Add paragraph text. Click “Edit Text” to update the font, size and more. To change and reuse text themes, go to Site Styles.
Add a Title
Add paragraph text. Click “Edit Text” to update the font, size and more. To change and reuse text themes, go to Site Styles.
Add paragraph text. Click “Edit Text” to update the font, size and more. To change and reuse text themes, go to Site Styles.
Add a Title