Coffee News September 9, 2024
9 thg 9, 2024
Domestic Coffee Prices:
Today's domestic coffee prices range from 117,700 to 118,300 VND/kg, with an average of 118,000 VND/kg, down 400 VND compared to yesterday. The highest purchasing price is in Đắk Nông province at 118,300 VND/kg, while the lowest is in Lâm Đồng province at 117,700 VND/kg.
Global Coffee Market:
Global coffee prices dropped sharply at the end of last week due to a significant increase in global coffee exports, following a report from the International Coffee Organization (ICO).
December 2024 Arabica Coffee Futures:
The December 2024 Arabica coffee futures contract saw a reversal and decline. The settlement price on September 6 was 236 cents/pound, a decrease of 3.36% compared to the previous session.
Date | Settlement Price (cents/pound) | Price Change (USD) | Percentage Change (%) |
8/29/2024 | 247.60 | ||
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% |
9/6/2024 | 236.00 | -8.20 | -3.36% |
November 2024 Robusta Coffee Futures:
The November 2024 Robusta coffee futures contract also continued to decline. The settlement price on September 6 was 4,770 USD/ton, a drop of 2.87% compared to the previous session.
Date | Settlement Price (USD/ton) | Price Change (USD) | Percentage Change (%) |
8/29/2024 | 4,901 | ||
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% |
9/6/2024 | 4,770 | -141 | -2.87% |
Source: Compiled Data
Related Posts
During the week, with the Fed Chair's speech at Jackson Hole, most commodity prices remained in the green. However, wheat and corn faced downward pressure.
Weekly Report for August 19-23, 2024
.png)
26 tháng 8, 2024
The U.S. stock market surged in last Friday's trading session after the Federal Reserve Chairman signaled readiness for interest rate cuts during his weekend speech.
Economic News August 26, 2024
26 tháng 8, 2024
Federal Reserve chair gives strongest signal yet that borrowing costs will soon fall
Jay Powell says ‘time has come’ for US interest rate cuts
.png)
24 tháng 8, 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