top of page

Coffee News August 29, 2024

29 thg 8, 2024

Domestic Coffee Price Situation:

The domestic coffee price today ranges from 121,000 to 122,000 VND/kg, with an average of 121,500 VND/kg, an increase of 400 VND compared to yesterday. The highest purchase price is in Đắk Nông and Gia Lai provinces at 122,000 VND/kg, while the lowest is in Lâm Đồng province at 121,000 VND/kg.


Global Coffee Situation:

Reports of drought in Brazil, which could cause coffee plants to flower early and reduce yields, are pushing coffee prices to continue rising.


December 2024 Arabica Coffee Contract Price:

The December 2024 Arabica Coffee Contract continues to rise. Specifically, the settlement price on August 28 was 256.45 cents/pound, up 0.47% from the previous day.


December 2024 Arabica Coffee Contract Price Table:

Date

Settlement Price (cent/pound)

Price Change (USD)

Price Change Rate (%)

8/20/2024

248.50



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%

8/28/2024

256.45

1.20

0.47%

November 2024 Robusta Coffee Contract Price:

The November 2024 Robusta Coffee Contract continues to rise. Specifically, the settlement price on August 28 was 4,926 USD/ton, up 1.65% from the previous day.


November 2024 Robusta Coffee Contract Price Table:

Date

Settlement Price (USD/ton)

Price Change (USD)

Price Change Rate (%)

8/20/2024

4,619



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%

8/28/2024

4,926

80

1.65%

Source: Compiled Data

Related Posts

India is considering an increase in import taxes on vegetable oils to help protect farmers reeling from lower oilseed prices, two government sources said on Wednesday.

India plans to raise vegetable oils import taxes, government sources say

28 tháng 8, 2024

U.S. consumer confidence in August surged to its highest level in six months, driven by optimism about the economic outlook.

Metals News August 28, 2024

28 tháng 8, 2024

Copper prices on Tuesday rose to an almost six-week high, supported by fresh investor demand and market optimism over the potential for imminent U.S. interest rate cuts.

Copper prices near six-week high as one strategist says the ‘worst of the correction is over’

28 tháng 8, 2024

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