Coffee News July 19, 2024
19 thg 7, 2024
Domestic Price
Domestic coffee prices today fluctuated between 125,000 to 125,600 VND/kg, averaging at 125,400 VND/kg, a sharp decrease of 2,000 VND compared to yesterday. The highest purchase price was in Đắk Lắk and Đăk Nông provinces at 125,600 VND/kg, while the lowest was in Lâm Đồng province at 125,000 VND/kg.
World coffee price
The increase in the USD combined with the decrease in the Brazilian Real has caused coffee prices on the two exchanges to drop significantly. According to the latest statistics, Vietnam's coffee exports in the first half of July 2024 decreased by 40% in volume compared to the same period last year.
September Arabica Coffee Contract continued to decline. Specifically, the settlement price on July 18 was 240.9 cents/pound, down 0.93% from the previous session.
September Robusta Coffee Contract has decreased for four consecutive sessions. Specifically, the settlement price on July 18 was 4,479 USD/ton, down 1.99% from the previous session.
Source: Collected from various source
Related Posts
Global coffee prices have soared to record highs due to adverse weather conditions in major growing regions worldwide, potentially reducing coffee production
Why Did the Price of Robusta Coffee Reach a New Record?
.png)
16 tháng 9, 2024
China’s steel production fell by more than 10% from a year earlier in August as the industry reeled from low prices and a damaging slump in demand.
China’s Steel Crisis Sends August Output to Lowest Since 2017
.png)
16 tháng 9, 2024
The weakening of the USD propelled metal prices to surge significantly in the final session of last week.
Metals News September 16, 2024
.png)
16 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