Coffee News October 9, 2024
9 thg 10, 2024
Domestic Coffee Prices:
Today's domestic coffee prices range between 112,800 to 113,500 VND/kg, averaging at 113,300 VND/kg, down 200 VND compared to yesterday. The highest purchasing price is recorded in Đắk Nông province at 113,500 VND/kg, while the lowest is in Lâm Đồng province at 112,800 VND/kg.
Global Coffee Market:
Unusual climate patterns and disruptions in logistics have caused irregular price fluctuations.
Arabica Coffee Futures for December 2024:
The Arabica Coffee Futures contract for December 2024 saw an upward trend. Specifically, the settlement price on October 8 was 248.20 cents/pound, up 1.45% compared to the previous session.
Date | Settlement Price (cents/pound) | Price Change (USD) | Price Change (%) |
09/30/2024 | 270.25 | ||
10/01/2024 | 264.15 | -6.10 | -2.26% |
10/02/2024 | 256.50 | -7.65 | -2.90% |
10/03/2024 | 252.05 | -4.45 | -1.73% |
10/04/2024 | 257.35 | 5.30 | 2.10% |
10/07/2024 | 244.65 | -12.70 | -4.93% |
10/08/2024 | 248.20 | 3.55 | 1.45% |
Robusta Coffee Futures for November 2024:
The Robusta Coffee Futures contract for November 2024 continued to decline. Specifically, the settlement price on October 8 was 4,856 USD/ton, down 0.25% compared to the previous session.
Date | Settlement Price (USD/ton) | Price Change (USD) | Price Change (%) |
09/30/2024 | 5,498 | ||
10/01/2024 | 5,445 | -53 | -0.96% |
10/02/2024 | 5,111 | -334 | -6.13% |
10/03/2024 | 4,921 | -190 | -3.72% |
10/04/2024 | 5,067 | 146 | 2.97% |
10/07/2024 | 4,868 | -199 | -3.93% |
10/08/2024 | 4,856 | -12 | -0.25% |
Source: Compiled data
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