Coffee News June 26, 2024
26 thg 6, 2024
Domestic Coffee Price
The domestic coffee price today ranges from 120,000 to 121,400 VND/kg, with an average of 121,300 VND/kg, down significantly by 3,000 VND compared to the previous day. The highest buying price is in Dak Nong province at 121,400 VND/kg, while the lowest is in Lam Dong province at 120,000 VND/kg.
Global Coffee Price Situation
Global coffee prices have reversed direction, almost erasing the gains recorded the previous day.
The price of the September 2024 Arabica Coffee Contract has dropped significantly. Specifically, the settlement price on June 25 was 229.3 cents/pound, a decrease of 2.94% compared to the previous session.
September 2024 Arabica Coffee Futures price quotes (KCEU24)
Date | Settlement Price (cent/pound) | Change (USD) | Change (%) |
6/17/2024 | 227.3 | ||
6/18/2024 | 226.25 | -1.05 | -0.46% |
6/19/2024 | 226.25 | 0.00 | 0.00% |
6/20/2024 | 230.35 | 4.10 | 1.81% |
6/21/2024 | 225.0 | -5.35 | -2.32% |
6/24/2024 | 236.25 | 11.25 | 5.00% |
6/25/2024 | 229.3 | -6.95 | -2.94% |
The price of the September 2024 Robusta Coffee Contract has also decreased significantly. Specifically, the settlement price on June 25 was $4,117 per ton, down 3.17% compared to the previous session.
September 2024 Robusta Coffee Futures price quotes (LRCU24)
Date | Settlement Price (cent/pound) | Change (USD) | Change (%) |
|---|---|---|---|
6/17/2024 | 4,057 | ||
6/18/2024 | 3,994 | -63 | -1.55% |
6/19/2024 | 4,060 | 66 | 1.65% |
6/20/2024 | 4,176 | 116 | 2.86% |
6/21/2024 | 4,104 | -72 | -1.72% |
6/24/2024 | 4,252 | 148 | 3.61% |
6/25/2024 | 4,117 | -135 | -3.17% |
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