Coffee News July 30, 2024
30 thg 7, 2024
Domestic Coffee Prices Situation:
Today's domestic coffee prices range between 123,000 to 123,600 VND/kg, with an average price of 124,300 VND/kg, marking a decrease of 500 VND compared to yesterday. The highest purchase price is in Dak Nong province at 123,600 VND/kg, while the lowest is in Lam Dong province at 123,000 VND/kg.
Global Coffee Market Situation
While Robusta coffee prices continue to decline, Arabica coffee prices have slightly increased after a new forecast showed that Brazil's current coffee crop yield is lower than initially calculated.
The September 2024 Arabica Coffee Futures Contract saw a slight increase. Specifically, the settlement price on July 29 was 230.4 cents per pound, up 0.07% compared to the previous session
September 2024 Arabica Coffee Futures price quotes (KCEU24):
Date | Settlement Price (cent/pound) | Change (USD) | Change (%) |
7/19/2024 | 238.2 | ||
7/22/2024 | 243.05 | 4.85 | 2.04% |
7/23/2024 | 239.1 | -3.95 | -1.63% |
7/24/2024 | 231.15 | -7.95 | -3.32% |
7/25/2024 | 234.7 | 3.55 | 1.54% |
7/26/2024 | 230.25 | -4.45 | -1.90% |
7/30/2024 | 230.4 | 0.15 | 0.07% |
The September 2024 Robusta Coffee Futures Contract continues its strong downward trend. Specifically, the settlement price on July 29 was $4,267 per ton, down 0.81% compared to the previous session.
September 2024 Robusta Coffee Futures price quotes (LRCU24)
Date | Settlement Price (cent/pound) | Change (USD) | Change (%) |
|---|---|---|---|
7/19/2024 | 4,530 | ||
7/22/2024 | 4,581 | 51 | 1.13% |
7/23/2024 | 4,481 | -100 | -2.18% |
7/24/2024 | 4,327 | -154 | -3.44% |
7/25/2024 | 4,395 | 68 | 1.57% |
7/26/2024 | 4,302 | -93 | -2.12% |
7/30/2024 | 4,267 | -35 | -0.81% |
Related Posts
By the end of Thursday’s trading session, oil prices continued to slide, nearly 3%, following reports from the Financial Times that Saudi Arabia has abandoned its 100 USD price target in preparation to boost production.
Economic News September 27, 2024
27 tháng 9, 2024
The USD rebounded, putting pressure on metal prices.
Metals News September 26, 2024
.png)
26 tháng 9, 2024
Coffee prices maintain their upward momentum.
Coffee News September 26, 2024
.jpg)
26 tháng 9, 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