Coffee News July 25, 2024
25 thg 7, 2024
The situation of domestic coffee prices:
Today, domestic coffee prices range from 124,000 to 124,700 VND/kg, with an average of 124,400 VND/kg, a significant decrease of 2,000 VND compared to yesterday. The highest purchase price is in Dak Nong province at 124,700 VND/kg, while the lowest is in Lam Dong province at 124,000 VND/kg.
The global coffee situation
Yesterday, coffee prices continued to decline due to the depreciation of Brazil’s local currency, smooth progress in Brazil's coffee harvest, and an increase in inventories on the exchange.
The price of the Coffee Arabica September 2024 contract continued to decrease. Specifically, the settlement price on July 24 was 231.15 cents/pound, down 3.32% compared to the previous session.
September 2024 Arabica Coffee Futures price quotes (KCEU24):
Date | Settlement Price (cent/pound) | Change (USD) | Change (%) |
|---|---|---|---|
7/16/2024 | 243.6 | ||
7/17/2024 | 243.15 | -0.45 | -0.18% |
7/18/2024 | 240.9 | -2.25 | -0.93% |
7/19/2024 | 238.2 | -2.70 | -1.12% |
7/22/2024 | 243.05 | 4.85 | 2.04% |
7/23/2024 | 239.1 | -3.95 | -1.63% |
7/24/2024 | 231.15 | -7.95 | -3.32% |
Giá Hợp đồng Cà Phê Robusta Tháng 9 năm 2024 tiếp tục đà giảm mạnh. Cụ thể, giá thanh toán ngày 24 tháng 7 là 4,327 USD/tấn, giảm 3.44% so với phiên trước đó.
September 2024 Robusta Coffee Futures price quotes (LRCU24)
Date | Settlement Price (cent/pound) | Change (USD) | Change (%) |
7/16/2024 | 4,572 | ||
7/17/2024 | 4,570 | -2 | -0.04% |
7/18/2024 | 4,479 | -91 | -1.99% |
7/19/2024 | 4,530 | 51 | 1.14% |
7/22/2024 | 4,581 | 51 | 1.13% |
7/23/2024 | 4,481 | -100 | -2.18% |
7/24/2024 | 4,327 | -154 | -3.44% |
Source: Collected from various sources
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