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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