Coffee News August 12, 2024
12 thg 8, 2024
Domestic Coffee Prices Situation:
Today, domestic coffee prices fluctuate between 117,800 and 118,500 VND/kg, with an average price of 118,300 VND/kg, reflecting a slight decrease of 800 VND compared to yesterday. The highest purchase price is recorded in the provinces of Đăk Lăk and Đăk Nông at 118,500 VND/kg, while the lowest price is in Lâm Đồng province at 117,800 VND/kg.
Global Coffee Market Situation
Robusta and Arabica prices have no new fluctuations as they continue to decrease.
Arabica Coffee Contract price September 2024 continues to decrease. Specifically, the settlement price on August 9 was 234.05 cents/pound, down 4.59% compared to the previous session.
September 2024 Arabica Coffee Futures price quotes (KCEU24)
Date | Settlement Price (cent/pound) | Change (USD) | Change (%) |
8/1/2024 | 227.25 | ||
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% |
8/9/2024 | 234.05 | -11.25 | -4.59% |
Robusta Coffee Contract price September 2024 also continues to decrease. Specifically, the settlement price on August 9 was 4,326 USD/ton, down 2.48% compared to the previous session.
September 2024 Robusta Coffee Futures price quotes (LRCU24)
Date | Settlement Price (cent/pound) | Change (USD) | Change (%) |
|---|---|---|---|
8/1/2024 | 4,225 | ||
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% |
8/9/2024 | 4,326 | -110 | -2.48% |
Source: Multiple sources
Related Posts
Global coffee prices have soared to record highs due to adverse weather conditions in major growing regions worldwide, potentially reducing coffee production
Why Did the Price of Robusta Coffee Reach a New Record?
.png)
16 tháng 9, 2024
China’s steel production fell by more than 10% from a year earlier in August as the industry reeled from low prices and a damaging slump in demand.
China’s Steel Crisis Sends August Output to Lowest Since 2017
.png)
16 tháng 9, 2024
The weakening of the USD propelled metal prices to surge significantly in the final session of last week.
Metals News September 16, 2024
.png)
16 tháng 9, 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