Coffee News July 18, 2024
18 thg 7, 2024
Domestic Price
Domestic coffee prices today fluctuate between 127,000 and 127,600 VND/kg, averaging at 127,400 VND/kg, remaining the same price compared to yesterday. The highest buying price is in Dak Lak and Dak Nong provinces with 127,600 VND/kg. The lowest is in Lam Dong province with 127,000 VND/kg.
World coffee
World coffee prices today decreased as Arabica prices on the New York exchange decreased, causing Robusta prices on the London exchange to plummet.
Arabica Coffee Contract price September 2024 decreased slightly. Specifically, the settlement price on July 17 was 243.15 cents/pound, down 0.18% compared to the previous session.
Robusta Coffee Contract Price September 2024 continues to decline. Specifically, the settlement price on July 17 was 4,570 USD/ton, down 0.04% compared to the previous session.
Source: Collected from various sources
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The price of coffee has dropped sharply due to the increase in global exports.
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