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Coffee News June 20, 2024

20 thg 6, 2024

Domestic Coffee Prices

Today, domestic coffee prices range from 120,000 to 121,200 VND/kg, marking a significant increase of 1,200 VND/kg compared to the end of yesterday. The highest buying price is in Dak Nong Province at 121,200 VND/kg, while the lowest is in Lam Dong Province at 120,000 VND/kg.

Global Coffee Market

Yesterday, the New York exchange was closed. In this context, coffee prices on the London exchange saw a strong rebound. The late-session buying pressure from speculators on the exchange helped drive up Robusta prices.


The price of the Coffee Robusta Contract for July 2024 also increased significantly. Specifically, the settlement price on June 19 was $4,205 per ton, up 2.36% compared to the previous session.

September 2024 Arabica Coffee Futures price quotes (KCEU24)

Date

Settlement Price (cent/pound)

Change (USD)

Change (%)

6/11/2024

4,196



6/12/2024

4,240

44

1.05%

6/13/2024

4,221

-19

-0.45%

6/14/2024

4,115

-106

-2.51%

6/17/2024

4,163

48

1.17%

6/18/2024

4,108

-55

-1.32%

6/19/2024

4,205

97

2.36%


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