Coffee News September 19, 2024
19 thg 9, 2024
Domestic Coffee Prices:
The current domestic coffee prices range between 123,200 and 123,600 VND/kg, averaging at 123,300 VND/kg, which is an increase of 200 VND compared to the previous day. The highest purchase price is recorded in Đắk Nông and Đắk Lắk provinces at 123,600 VND/kg, while the lowest is in Lâm Đồng province at 123,200 VND/kg.
Global Coffee Situation:
Today's coffee price fluctuations are mainly due to concerns about supply affected by adverse weather conditions in Brazil and Vietnam, along with the weakening of the USD, which has impacted global coffee market prices.
Arabica Coffee Futures for December 2024:
The Arabica Coffee Futures for December 2024 have seen a decline. The settlement price on September 18th was 264.40 cents/pound, a decrease of 0.04% from the previous session.
Date | Settlement Price (cents/pound) | Price Change (USD) | Price Change Rate (%) |
9/10/2024 | 247.20 | ||
9/11/2024 | 246.65 | -0.55 | -0.22% |
9/12/2024 | 249.40 | 2.75 | 1.11% |
9/13/2024 | 259.45 | 10.05 | 4.03% |
9/16/2024 | 258.55 | -0.90 | -0.35% |
9/17/2024 | 264.50 | 5.95 | 2.30% |
9/18/2024 | 264.40 | -0.10 | -0.04% |
Robusta Coffee Futures for November 2024:
The Robusta Coffee Futures for November 2024 continued to rise. The settlement price on September 18th was 5,334 USD/ton, an increase of 0.58% from the previous session.
Date | Settlement Price (USD/ton) | Price Change (USD) | Price Change Rate (%) |
9/10/2024 | 4,897 | ||
9/11/2024 | 5,008 | 111 | 2.27% |
9/12/2024 | 5,077 | 69 | 1.38% |
9/13/2024 | 5,267 | 190 | 3.74% |
9/16/2024 | 5,246 | -21 | -0.40% |
9/17/2024 | 5,303 | 57 | 1.09% |
9/18/2024 | 5,334 | 31 | 0.58% |
Source: Aggregated Data
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