Coffee News August 16, 2024
16 thg 8, 2024
Domestic Coffee
Today, domestic coffee prices range from 117,300 to 118,100 VND/kg, with an average price of 117,700 VND/kg, an increase of 400 VND compared to yesterday. The highest purchasing price is recorded in Đắk Nông province at 118,100 VND/kg, while the lowest is in Lâm Đồng province at 117,300 VND/kg.
Global Coffee
News of reduced inflation in the US, combined with the strengthening of Brazil's currency, has supported the continued rise in the prices of both coffee types.
The price of the September 2024 Arabica Coffee Futures Contract continues to rise. Specifically, the settlement price on August 15 was 239.9 cents/pound, an increase of 1.22% compared to the previous session.
The price of the September 2024 Robusta Coffee Futures Contract also continues to rise. Specifically, the settlement price on August 15 was 4,571 USD/ton, an increase of 2.21% compared to the previous session.
Soucre: Collected from various source
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According to the Mercantile Exchange of Vietnam (MXV), in yesterday's trading session (August 28), the global commodities market faced strong selling pressure.
A strong wave of selling pressure has returned to the global commodities market.
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29 tháng 8, 2024
India is considering an increase in import taxes on vegetable oils to help protect farmers reeling from lower oilseed prices, two government sources said on Wednesday.
India plans to raise vegetable oils import taxes, government sources say
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28 tháng 8, 2024
U.S. consumer confidence in August surged to its highest level in six months, driven by optimism about the economic outlook.
Metals News August 28, 2024
28 tháng 8, 2024
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