Coffee News October 11, 2024
11 thg 10, 2024
Domestic Coffee Price Situation:
As of today, domestic coffee prices range from 113,300 to 114,100 VND/kg, with an average of 113,800 VND/kg, up by 500 VND compared to yesterday. The highest buying price is in Đắk Nông province at 114,100 VND/kg, while the lowest is in Lâm Đồng province at 113,300 VND/kg.
Global Coffee Market Situation:
According to forecasts, rain is spreading from southern to southeastern Brazil, the main coffee-producing region; however, rainfall remains low, so coffee prices continue to rise.
Arabica Coffee Futures for December 2024:
The price of Arabica Coffee Futures for December 2024 continues to rise. Specifically, the settlement price on October 10 was 254.73 cents/pound, an increase of 1.87% compared to the previous session.
Date | Settlement Price (cents/pound) | Price Change (USD) | Percentage Change (%) |
10/2/2024 | 256.50 | ||
10/3/2024 | 252.05 | -4.45 | -1.73% |
10/4/2024 | 257.35 | 5.30 | 2.10% |
10/7/2024 | 244.65 | -12.70 | -4.93% |
10/8/2024 | 248.20 | 3.55 | 1.45% |
10/9/2024 | 250.05 | 1.85 | 0.75% |
10/10/2024 | 254.73 | 4.68 | 1.87% |
Robusta Coffee Futures for November 2024:
The price of Robusta Coffee Futures for November 2024 continues to rise. The settlement price on October 10 was 4,914 USD/ton, up 1.01% compared to the previous session.
Date | Settlement Price (USD/ton) | Price Change (USD) | Percentage Change (%) |
10/2/2024 | 5,111 | ||
10/3/2024 | 4,921 | -190 | -3.72% |
10/4/2024 | 5,067 | 146 | 2.97% |
10/7/2024 | 4,868 | -199 | -3.93% |
10/8/2024 | 4,856 | -12 | -0.25% |
10/9/2024 | 4,865 | 9 | 0.19% |
10/10/2024 | 4,914 | 49 | 1.01% |
Source: Compiled data
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