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
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