Coffee News July 17, 2024
17 thg 7, 2024
Domestic Price
Domestic coffee prices today range from 127,000 to 127,600 VND/kg, with an average of 127,400 VND/kg, a slight decrease of 300 VND compared to yesterday. The highest buying price is in Đắk Nông province at 127,600 VND/kg, while the lowest is in Lâm Đồng province at 127,000 VND/kg.
Global price of coffee
Arabica coffee prices have increased slightly as the latest data shows that non-commercial speculators have raised their long positions in Arabica coffee contracts by 13.57%.
The price of September 2024 Arabica Coffee Futures has risen slightly. Specifically, the settlement price on July 16 was 243.6 cents/pound, an increase of 0.6% compared to the previous session.
September 2024 Arabica Coffee Futures price quotes (KCEU24)
Date | Settlement Price (cent/pound) | Change (USD) | Change (%) |
7/8/2024 | 234.4 | ||
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% |
7/16/2024 | 243.6 | 1.45 | 0.60% |
The price of September 2024 Robusta Coffee Futures continues to decline. Specifically, the settlement price on July 16 was $4,572 per ton, a decrease of 0.24% compared to the previous session.
September 2024 Robusta Coffee Futures price quotes (LRCU24)
Date | Settlement Price (cent/pound) | Change (USD) | Change (%) |
|---|---|---|---|
7/8/2024 | 4,348 | ||
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% |
7/16/2024 | 4,572 | -11 | -0.24% |
Source: Collected from various sources
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