Coffee News August 26, 2024
26 thg 8, 2024
Domestic Coffee Prices:
Today's domestic coffee prices range from 119,200 to 120,200 VND/kg, with an average price of 119,700 VND/kg, marking an increase of 1,600 VND from the previous day. The highest purchase price is recorded in Đắk Nông province at 120,200 VND/kg, while the lowest is in Lâm Đồng province at 119,200 VND/kg.
Global Coffee Market:
Coffee prices remain high due to concerns that climate change is affecting production, threatening global supply.
December 2024 Arabica Coffee Futures:
Arabica coffee futures for September 2024 reversed their trend, with the settlement price on August 23, 2024, at 247.3 cents per pound, up 1.06% from the previous session.
Price Table for December 2024 Arabica Coffee Futures:
Date | Settlement Price (cents/pound) | Price Change (USD) | Price Change (%) |
8/15/2024 | 238.05 | ||
8/16/2024 | 244.10 | +6.05 | +2.54% |
8/19/2024 | 244.35 | +0.25 | +0.10% |
8/20/2024 | 248.50 | +4.15 | +1.70% |
8/21/2024 | 249.25 | +0.75 | +0.30% |
8/22/2024 | 242.90 | -6.35 | -2.55% |
8/23/2024 | 247.30 | +4.40 | +1.81% |
November 2024 Robusta Coffee Futures:
Robusta coffee futures for September 2024 also turned upward, with the settlement price on August 23, 2024, at 4,715 USD/ton, up 3.08% from the previous session.
Price Table for November 2024 Robusta Coffee Futures:
Date | Settlement Price (USD/Ton) | Price Change (USD) | Price Change (%) |
8/15/2024 | 4,378 | ||
8/16/2024 | 4,452 | +74 | +1.69% |
8/19/2024 | 4,476 | +24 | +0.54% |
8/20/2024 | 4,619 | +143 | +3.19% |
8/21/2024 | 4,632 | +13 | +0.28% |
8/22/2024 | 4,574 | -58 | -1.25% |
8/23/2024 | 4,715 | +141 | +3.08% |
Source: Multiple sources
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