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Coffee News August 13, 2024

13 thg 8, 2024

Domestic price

The domestic coffee price today ranges from 118,800 to 119,500 VND/kg, with an average of 119,300 VND/kg, up 1,000 VND compared to yesterday. The highest purchasing price is in Đăk Lăk and Đăk Nông provinces at 119,500 VND/kg. The lowest price is in Lâm Đồng province at 118,800 VND/kg.


Global Coffee

The prices of both types of coffee have rebounded sharply. Concerns over supply disruptions caused by frost in Brazil over the past weekend have driven coffee prices back up.


September 2024 Arabica Coffee Futures Price Table (KCEU24)

The September 2024 Arabica Coffee Futures prices have reversed direction and increased. Specifically, the settlement price on August 12 was 240.85 cents/pound, up 2.91% compared to the previous session.

Date

Settlement Price (cents/pound)


Price Change (USD)


Price Change Rate (%)

8/2/2024

230.5



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%

8/12/2024

240.85

6.80

2.91%

September 2024 Robusta Coffee Futures Price Table (LRCU24)

The September 2024 Robusta Coffee Futures prices have also reversed direction and increased. Specifically, the settlement price on August 12 was 4,532 USD/ton, up 4.76% compared to the previous session.

Date

Settlement Price (cents/pound)


Price Change (USD)


Price Change Rate (%)

8/2/2024

4,227



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%

8/12/2024

4,532

206

4.76%

Source: Collected from various sources

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