top of page

Coffee News August 28, 2024

28 thg 8, 2024

Domestic Coffee Prices:

Today, domestic coffee prices range from 120,600 to 121,600 VND/kg, with an average of 121,100 VND/kg, marking an increase of 1,200 VND from the previous day. The highest purchase price is in Đắk Nông province at 121,600 VND/kg, while the lowest is in Lâm Đồng province at 120,600 VND/kg.


Global Coffee Market:

The surge in coffee export prices continues, primarily driven by the weakening USD and ongoing supply shortages.


Arabica Coffee Futures - December 2024:

The price of December 2024 Arabica Coffee futures continues to rise. On August 27, the settlement price reached 255.25 cents/pound, up 2.24% from the previous day.


Price Table for Arabica Coffee Futures - December 2024:

Date

Settlement Price (cents/pound)

Price Change (USD)

Price Change (%)

8/19/2024

244.35



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%

8/26/2024

249.65

2.35

0.95%

8/27/2024

255.25

5.60

2.24%

Robusta Coffee Futures - November 2024:

The price of November 2024 Robusta Coffee futures also continues to rise. The settlement price on August 27 was 4,846 USD/ton, up 2.78% from the previous day.


Price Table for Robusta Coffee Futures - November 2024:

Date

Settlement Price (USD/ton)

Price Change (USD)

Price Change (%)

8/19/2024

4,476



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%

8/26/2024

4,715

0

0.00%

8/27/2024

4,846

131

2.78%

Source: Multiple sources

Related Posts

At the close of trading on January 14, the Dow Jones Industrial Average rose 0.52% to 42,518.28 points. The S&P 500 edged up 0.11% to 5,842.91 points, while the Nasdaq Composite declined 0.23% to 19,044.39 points.

Economic Highlights 15.01.2025: Crude Oil Drops Sharply Following EIA Forecast

15 tháng 1, 2025

Iron ore imports remained steady at 100 million tons, driven by China’s recent stimulus measures, which have improved the outlook for steel demand. Steel exports were also robust, rising 25.9% year-on-year to 9.73 million tons.

Economic Highlights 14.01.2025: Metal Prices Supported by Positive Signals from China

14 tháng 1, 2025

The U.S. economy added 256,000 jobs in December 2024, significantly exceeding economists' forecast of 155,000 jobs.

Economic Highlights 13.01.2025: U.S. Job Market in December Exceeds Expectations

13 tháng 1, 2025

Related Post

Add paragraph text. Click “Edit Text” to update the font, size and more. To change and reuse text themes, go to Site Styles.

Add paragraph text. Click “Edit Text” to update the font, size and more. To change and reuse text themes, go to Site Styles.

Add a Title

Add paragraph text. Click “Edit Text” to update the font, size and more. To change and reuse text themes, go to Site Styles.

Add paragraph text. Click “Edit Text” to update the font, size and more. To change and reuse text themes, go to Site Styles.

Add a Title

Add paragraph text. Click “Edit Text” to update the font, size and more. To change and reuse text themes, go to Site Styles.

Add paragraph text. Click “Edit Text” to update the font, size and more. To change and reuse text themes, go to Site Styles.

Add a Title

bottom of page