Coffee News August 27, 2024
27 thg 8, 2024
Domestic Coffee Prices:
Today, domestic coffee prices range between 119,400 and 120,400 VND/kg, with an average of 119,900 VND/kg, up 200 VND from the previous day. The highest purchase price is recorded in Đắk Nông province at 120,400 VND/kg, while the lowest is in Lâm Đồng province at 119,400 VND/kg.
Global Coffee Market:
Coffee prices are currently impacted by climate change, war, and sanctions, which have led to increased transportation costs and higher selling prices.
December 2024 Arabica Coffee Futures:
The December 2024 Arabica coffee futures price continues to rise. The settlement price on August 26, 2024, is 249.65 cents per pound, up 0.95% from the previous session.
December 2024 Arabica Coffee Futures Prices:
Date | Settlement Price (cents/pound) | Price Change (USD) | Price Change (%) |
08/16/2024 | 244.10 | - | - |
08/19/2024 | 244.35 | 0.25 | 0.10% |
08/20/2024 | 248.50 | 4.15 | 1.70% |
08/21/2024 | 249.25 | 0.75 | 0.30% |
08/22/2024 | 242.90 | -6.35 | -2.55% |
08/23/2024 | 247.30 | 4.40 | 1.81% |
08/26/2024 | 249.65 | 2.35 | 0.95% |
November 2024 Robusta Coffee Futures:
Trading of Robusta coffee on the ICE EU exchange was paused on Monday, August 26, 2024.
Source: Compiled from various sources.
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