Coffee News August 15, 2024
15 thg 8, 2024
Domestic Coffee Price Situation:
Today, domestic coffee prices fluctuated between 116,900 and 117,600 VND/kg, with an average of 117,300 VND/kg, an increase of 300 VND compared to yesterday. The highest purchase price was recorded in Đăk Lăk and Đăk Nông provinces at 117,600 VND/kg, while the lowest was in Lâm Đồng province at 116,900 VND/kg.
Global Coffee Market Situation:
The weakening of the USD and the strengthening of the Brazilian real stimulated strong buying activity on the exchange, leading to a rebound in the prices of both types of coffee.
September 2024 Arabica Coffee Futures Price: The September 2024 Arabica Coffee Futures price reversed and increased. Specifically, the settlement price on August 14 was 237 cents/pound, up by 1.85% compared to the previous session.
September 2024 Arabica Coffee Futures Price Table (KCEU24)
Date | Settlement Price (cents/pound) | Price Change (USD) | Price Change Rate (%) |
8/6/2024 | 235.95 | ||
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% |
8/13/2024 | 232.7 | -8.15 | -3.38% |
8/14/2024 | 237.0 | 4.30 | 1.85% |
September 2024 Robusta Coffee Futures Price: The September 2024 Robusta Coffee Futures price also saw a reversal. The settlement price on August 14 was $4,472/ton, up by 2.22% compared to the previous session.
September 2024 Robusta Coffee Futures Price Table (LRCU24)
Date | Settlement Price (cents/pound) | Price Change (USD) | Price Change Rate (%) |
8/6/2024 | 4,383 | ||
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% |
8/13/2024 | 4,375 | -157 | -3.46% |
8/14/2024 | 4,472 | 97 | 2.22% |
Source: Collected from various sources
Related Posts
Brazil's ANEC expects the country's soybean exports in September to total 5.83 million tons, which is lower than the same period last year.
Agriculture News September 19, 2024
.png)
19 tháng 9, 2024
Coffee prices fluctuate slightly
Coffee News September 19, 2024
.jpg)
19 tháng 9, 2024
Fed Chair Powell noted, "We made a good, strong start" by cutting rates by 50 basis points today, and the Fed is "squarely focused" on its dual mandate of inflation and employment.
Metals News September 19, 2024
19 tháng 9, 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