Coffee News September 13, 2024
13 thg 9, 2024
Domestic Coffee Prices:
Today, domestic coffee prices range from 121,500 to 122,000 VND/kg, averaging at 121,800 VND/kg, an increase of 500 VND compared to yesterday. The highest buying prices are in Đắk Nông and Đắk Lắk provinces, at 122,000 VND/kg, while the lowest is in Lâm Đồng province, at 121,500 VND/kg.
Global Coffee Situation:
Coffee prices continue to be supported by adverse weather conditions, particularly as Brazil faces its driest season since 1981.
December 2024 Arabica Coffee Futures:
December 2024 Arabica Coffee Futures have reversed and are on the rise. Specifically, the settlement price on September 12 was 249.40 cents/pound, an increase of 1.11% compared to the previous session.
Date | Settlement Price (cents/pound) | Price Change (USD) | Price Change (%) |
09/04/2024 | 243.70 | ||
09/05/2024 | 244.20 | 0.50 | 0.21% |
09/06/2024 | 236.00 | -8.20 | -3.36% |
09/09/2024 | 245.40 | 9.40 | 3.98% |
09/10/2024 | 247.20 | 1.80 | 0.73% |
09/11/2024 | 246.65 | -0.55 | -0.22% |
09/12/2024 | 249.40 | 2.75 | 1.11% |
November 2024 Robusta Coffee Futures:
November 2024 Robusta Coffee Futures continue to rise. Specifically, the settlement price on September 12 was 5,077 USD/ton, an increase of 1.38% compared to the previous session.
Date | Settlement Price (USD/ton) | Price Change (USD) | Price Change (%) |
09/04/2024 | 4,912 | ||
09/05/2024 | 4,911 | -1 | -0.02% |
09/06/2024 | 4,770 | -141 | -2.87% |
09/09/2024 | 4,891 | 121 | 2.54% |
09/10/2024 | 4,897 | 6 | 0.12% |
09/11/2024 | 5,008 | 111 | 2.27% |
09/12/2024 | 5,077 | 69 | 1.38% |
Source: Compiled Data
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