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
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