Coffee News August 23, 2024
23 thg 8, 2024
Domestic Coffee Prices:
Today's domestic coffee prices range from 117,500 to 118,300 VND/kg, with an average price of 118,100 VND/kg, down 1,000 VND from yesterday. The highest purchase prices are recorded in the provinces of Đắk Lắk, Đắk Nông, and Gia Lai at 118,300 VND/kg, while the lowest is in Lâm Đồng at 117,500 VND/kg.
Global Coffee Situation:
The rise in the U.S. dollar ahead of a speech by the Federal Reserve Chairman has caused coffee prices to decline.
September 2024 Arabica Coffee Futures:
The price of September 2024 Arabica coffee futures turned downward, with the settlement price on August 22, 2024, at 246.8 cents/pound, down 1.06% from the previous session.
Price Table for September 2024 Arabica Coffee Futures (KCEU24):
Date | Settlement Price (cents/pound) | Price Change (USD) | Price Change (%) |
8/14/2024 | 237.0 | ||
8/15/2024 | 239.9 | 2.90 | 1.22% |
8/16/2024 | 245.45 | 5.55 | 2.31% |
8/19/2024 | 245.9 | 0.45 | 0.18% |
8/20/2024 | 249.45 | 3.55 | 1.44% |
8/21/2024 | 249.45 | 0.00 | 0.00% |
8/22/2024 | 246.8 | -2.65 | -1.06% |
September 2024 Robusta Coffee Futures:
The price of September 2024 Robusta coffee futures also turned downward, with the settlement price on August 22, 2024, at 4,903 USD/ton, down 1.03% from the previous session.
Price Table for September 2024 Robusta Coffee Futures (LRCU24):
Date | Settlement Price (USD/ton) | Price Change (USD) | Price Change (%) |
8/14/2024 | 4,472 | ||
8/15/2024 | 4,571 | 99 | 2.21% |
8/16/2024 | 4,655 | 84 | 1.84% |
8/19/2024 | 4,708 | 53 | 1.14% |
8/20/2024 | 4,879 | 171 | 3.63% |
8/21/2024 | 4,954 | 75 | 1.54% |
8/22/2024 | 4,903 | -51 | -1.03% |
Source: Collected from various sources
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