Coffee News July 15, 2024
15 thg 7, 2024
Domestic Coffee Prices
Today's domestic coffee prices range from 128,000 to 128,500 VND/kg, with an average of 128,300 VND/kg. The highest purchase price is in Đăk Nông, Gia Lai, and Đăk Lăk provinces at 128,200 VND/kg. The lowest price is in Lâm Đồng province at 128,000 VND/kg.
Global Coffee Situation
According to forecasts from the Vietnam Coffee-Cocoa Association (VICOFA), Vietnam's coffee export volume is expected to decline in July, August, and September due to the diminishing supply. The supply of Vietnamese coffee will only increase again with the new harvest in October and November.
The September 2024 Arabica Coffee futures contract continues to rise. Specifically, the settlement price on July 12 was 248.75 cents/pound, an increase of 1.59% compared to the previous session.
September 2024 Arabica Coffee Futures price quotes (KCEU24)
Date | Settlement Price (cent/pound) | Change (USD) | Change (%) |
|---|---|---|---|
7/4/2024 | 224.2 | ||
7/5/2024 | 228.95 | 4.75 | 2.12% |
7/8/2024 | 234.4 | 5.45 | 2.38% |
7/9/2024 | 249.95 | 15.55 | 6.63% |
7/10/2024 | 243.55 | -6.40 | -2.56% |
7/11/2024 | 244.85 | 1.30 | 0.53% |
7/12/2024 | 248.75 | 3.90 | 1.59% |
The September 2024 Robusta Coffee futures contract also continues to rise. Specifically, the settlement price on July 12 was $4,617/ton, an increase of 0.91% compared to the previous session.
September 2024 Robusta Coffee Futures price quotes (LRCU24)
Date | Settlement Price (cent/pound) | Change (USD) | Change (%) |
7/4/2024 | 4,153 | ||
7/5/2024 | 4,185 | 32 | 0.77% |
7/8/2024 | 4,348 | 163 | 3.89% |
7/9/2024 | 4,634 | 286 | 6.58% |
7/10/2024 | 4,477 | -157 | -3.39% |
7/11/2024 | 4,576 | 99 | 2.21% |
7/12/2024 | 4,617 | 41 | 0.90% |
Related Posts
Metal prices were under pressure as the U.S. dollar strengthened.
Metals News October 07, 2024
.jpg)
7 tháng 10, 2024
The Dollar Index began the new week at 102.49 points.
Economic News October 07, 2024
7 tháng 10, 2024
The dollar remained supported as escalating tensions in the Middle East fueled demand for the dollar as a safe-haven asset.
Metals News October 4, 2024
.jpg)
4 tháng 10, 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