Coffee News August 09, 2024
9 thg 8, 2024
Domestic Coffee Prices Situation:
Today, domestic coffee prices fluctuate between 121,600 and 122,300 VND/kg, with an average price of 122,100 VND/kg, marking a slight decrease of 500 VND compared to yesterday. The highest purchase price is recorded in the provinces of Đăk Lăk and Đăk Nông at 122,300 VND/kg, while the lowest price is in Lâm Đồng province at 121,600 VND/kg.
Global Coffee Market Situation
Both Robusta and Arabica coffee prices have decreased.
The price of the September 2024 Arabica coffee futures contract turned slightly lower. Specifically, the settlement price on August 8th was 245.3 cents per pound, reflecting a decrease of 0.41% compared to the previous session.
September 2024 Arabica Coffee Futures price quotes (KCEU24)
Date | Settlement Price (cent/pound) | Change (USD) | Change (%) |
7/31/2024 | 229.2 | ||
8/1/2024 | 227.25 | -1.95 | -0.85% |
8/2/2024 | 230.5 | 3.25 | 1.43% |
8/5/2024 | 225.7 | -4.80 | -2.08% |
8/6/2024 | 235.95 | 10.25 | 4.54% |
8/7/2024 | 246.3 | 10.35 | 4.39% |
8/8/2024 | 245.3 | -1.00 | -0.41% |
The September 2024 Robusta coffee futures contract turned lower, with the settlement price on August 8th at 4,436 USD/ton, reflecting a 1% decrease from the previous session.
Bảng giá HĐ Cà Phê Robusta Tháng 9 2024 (LRCU24)
Date | Settlement Price (cent/pound) | Change (USD) | Change (%) |
7/31/2024 | 4,261 | ||
8/1/2024 | 4,225 | -36 | -0.84% |
8/2/2024 | 4,227 | 2 | 0.05% |
8/5/2024 | 4,175 | -52 | -1.23% |
8/6/2024 | 4,383 | 208 | 4.98% |
8/7/2024 | 4,481 | 98 | 2.24% |
8/8/2024 | 4,436 | -45 | -1.00% |
Source: Multiple sources
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