Coffee News July 11, 2024
11 thg 7, 2024
Domestic Coffee Prices
Domestic coffee prices today range from 127,100 to 127,700 VND/kg, with an average price of 127,700 VND/kg, marking a strong increase of 2,000 VND from the previous day. The highest buying price is in Gia Lai and Đăk Lăk provinces at 127,700 VND/kg, while the lowest is in Lâm Đồng province at 127,100 VND/kg.
Global Coffee Market Situation:
The market supply has increased due to the positive harvest progress in Brazil, enabling Brazilian farmers to accelerate sales of the new crop.
The price of the September 2024 Arabica Coffee Futures contract has turned down. Specifically, the settlement price on July 10th was 243.55 cents/pound, a decrease of 2.56% compared to the previous session.
September 2024 Arabica Coffee Futures Price (KCEU24)
Date | Settlement Price (cent/pound) | Change (USD) | Change (%) |
7/2/2024 | 227.3 | ||
7/3/2024 | 224.2 | -3.10 | -1.36% |
7/4/2024 | 224.2 | 0.00 | 0.00% |
7/5/2024 | 228.95 | 4.75 | 2.12% |
7/8/2024 | 234.4 | 5.45 | 2.38% |
7/9/2024 | 249.95 | 15.55 | 6.63% |
7/10/2024 | 243.55 | -6.40 | -2.56% |
The price of the September 2024 Robusta Coffee Futures contract has also turned down. Specifically, the settlement price on July 10th was $4,477 per ton, a decrease of 3.39% compared to the previous session.
September 2024 Robusta Coffee Futures Price (LRCU24)
Date | Settlement Price (cent/pound) | Change (USD) | Change (%) |
---|---|---|---|
7/2/2024 | 4,092 | ||
7/3/2024 | 4,058 | -34 | -0.83% |
7/4/2024 | 4,153 | 95 | 2.34% |
7/5/2024 | 4,185 | 32 | 0.77% |
7/8/2024 | 4,348 | 163 | 3.89% |
7/9/2024 | 4,634 | 286 | 6.58% |
7/10/2024 | 4,477 | -157 | -3.39% |
Related Posts
At the close of the first trading session of the week, oil prices surged by more than 3% due to tightening oil supply.
Economic News August 27, 2024
27 tháng 8, 2024
Strong buying activity occurred in major commodity groups, with the energy and industrial materials sectors leading the market's upward trend, as many commodities saw price increases.
Global Commodity Markets Regain Momentum
27 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.