Coffee News September 23, 2024
23 thg 9, 2024
Domestic Coffee Price Situation:
Today, domestic coffee prices fluctuate between 119,000 to 119,500 VND/kg, averaging at 119,300 VND/kg, which is a 500 VND decrease compared to the previous day. The highest purchasing prices are in Gia Lai, Đắk Nông and Đắk Lắk provinces at 119,500 VND/kg, while the lowest is in Lâm Đồng province at 119,000 VND/kg.
Global Coffee Market Situation:
Forecasted rain in Brazil has led to sell-offs on global exchanges, causing a continuous sharp decline in coffee prices.
December 2024 Arabica Coffee Contract Prices:
The price of the December 2024 Arabica coffee contract continues to fall. Specifically, the settlement price on September 20 was 250.75 cents/pound, a decrease of 4.17% compared to the previous session.
Date | Settlement Price (cents/pound) | Price Change (USD) | Price Change (%) |
9/12/2024 | 249.40 | ||
9/13/2024 | 259.45 | 10.05 | 4.03% |
9/16/2024 | 258.55 | -0.90 | -0.35% |
9/17/2024 | 264.50 | 5.95 | 2.30% |
9/18/2024 | 264.40 | -0.10 | -0.04% |
9/19/2024 | 261.65 | -2.75 | -1.04% |
9/20/2024 | 250.75 | -10.90 | -4.17% |
November 2024 Robusta Coffee Contract Prices:
The November 2024 Robusta coffee contract price also continues to decline. The settlement price on September 20 was 5,059 USD/ton, down 3.60% compared to the previous session.
Date | Settlement Price (USD/ton) | Price Change (USD) | Price Change (%) |
9/12/2024 | 5,077 | ||
9/13/2024 | 5,267 | 190 | 3.74% |
9/16/2024 | 5,246 | -21 | -0.40% |
9/17/2024 | 5,303 | 57 | 1.09% |
9/18/2024 | 5,334 | 31 | 0.58% |
9/19/2024 | 5,248 | -86 | -1.61% |
9/20/2024 | 5,059 | -189 | -3.60% |
Source: Compilation.
Related Posts
The Fed cuts interest rates for the first time in four years.
Weekly Report for September 16-20, 2024
.png)
23 tháng 9, 2024
The dollar posted moderate gains on Friday due to the weakness of the yen after the Bank of Japan did not tighten its monetary policy.
Metals News September 23, 2024
.jpg)
23 tháng 9, 2024
Thursday's Export Sales report indicated that total export commitments for corn are currently at 14 million metric tons (MMT), a 21% increase from the same period last year.
Agriculture News September 23, 2024
23 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