Coffee News August 30, 2024
30 thg 8, 2024
Domestic Coffee Prices:
Today, domestic coffee prices range from 120,600 to 121,600 VND/kg, averaging 121,100 VND/kg, a decrease of 400 VND compared to yesterday. The highest buying price is recorded in Đắk Nông and Gia Lai at 121,600 VND/kg, while the lowest is in Lâm Đồng at 120,600 VND/kg.
Global Coffee Market:
The rise in the USD and weather conditions in Brazil have led to a decline in coffee prices.
December 2024 Arabica Coffee Futures:
Arabica Coffee futures for December 2024 have turned downward. Specifically, the settlement price on August 29 was 247.60 cents/pound, a decrease of 3.45% from the previous day.
Arabica Coffee Futures Price Table
Date | Settlement Price (cents/pound) | Price Change (USD) | Price Change (%) |
08/21/2024 | 249.25 | ||
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% |
08/27/2024 | 255.25 | 5.60 | 2.24% |
08/28/2024 | 256.45 | 1.20 | 0.47% |
08/29/2024 | 247.60 | -8.85 | -3.45% |
November 2024 Robusta Coffee Futures:
Robusta Coffee futures for November 2024 also turned downward. The settlement price on August 29 was 4,901 USD/ton, down 0.51% from the previous day.
Robusta Coffee Futures Price Table:
Date | Settlement Price (USD/ton) | Price Change (USD) | Price Change (%) |
08/21/2024 | 4,632 | ||
08/22/2024 | 4,574 | -58 | -1.25% |
08/23/2024 | 4,715 | 141 | 3.08% |
08/26/2024 | 4,715 | 0 | 0.00% |
08/27/2024 | 4,846 | 131 | 2.78% |
08/28/2024 | 4,926 | 80 | 1.65% |
08/29/2024 | 4,901 | -25 | -0.51% |
Source: Compiled Data.
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