Coffee News July 16, 2024
16 thg 7, 2024
Domestic Coffee Prices
Today, domestic coffee prices range from 127,400 to 128,000 VND/kg, with an average price of 127,800 VND/kg, a slight decrease of 600 VND compared to yesterday. The highest purchase price is in Dak Nong Province at 128,000 VND/kg, while the lowest is in Lam Dong Province at 127,400 VND/kg.
Global Coffee Market
Today, coffee prices have decreased for both types due to the strengthening US dollar and profit-taking activities by funds and speculators.
The price of the September 2024 Arabica Coffee Contract has turned downward. Specifically, the settlement price on July 15 was 242.15 cents/pound, a decrease of 2.65% compared to the previous session.
Arabica Coffee September 2024 Contract Price (KCEU24)
Date | Settlement Price (cent/pound) | Change (USD) | Change (%) |
7/5/2024 | 228.95 | ||
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% |
7/15/2024 | 242.15 | -6.60 | -2.65% |
The price of the September 2024 Robusta Coffee Contract has also turned downward. Specifically, the settlement price on July 15 was $4,583 per ton, a decrease of 0.74% compared to the previous session.
Robusta Coffee September 2024 Contract Price (LRCU24)
Date | Settlement Price (cent/pound) | Change (USD) | Change (%) |
|---|---|---|---|
7/5/2024 | 4,185 | ||
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% |
7/15/2024 | 4,583 | -34 | -0.74% |
Related Posts
Oil prices surged amid prolonged supply disruptions in Libya, while Iraq prepared to cut production in September. Additionally, strong buying dominated the agricultural markets following the release of favorable U.S. export data by the USDA.
The Energy and Agricultural Markets Turn Green
30 tháng 8, 2024
A weaker U.S. dollar, improving sentiment across financial markets, and record-high gold prices have all contributed to a recent modest rebound in silver prices.
More upside seen for silver prices in coming months, says UBS
.png)
29 tháng 8, 2024
Coffee prices continue to maintain a strong upward trend today.
Coffee News August 29, 2024
.jpg)
29 tháng 8, 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