Coffee News September 24, 2024
24 thg 9, 2024
Domestic Coffee Prices:
As of today, domestic coffee prices fluctuate between 120,200 to 120,700 VND/kg, with an average price of 120,500 VND/kg, marking an increase of 1,200 VND compared to the previous day. The highest purchasing prices are recorded in Gia Lai, Đắk Nông, and Đắk Lắk provinces at 120,700 VND/kg, while the lowest is in Lâm Đồng province at 120,200 VND/kg.
Global Coffee Market:
Harsh weather conditions during the harvest season have put pressure on supply, pushing coffee prices higher.
Arabica Coffee Futures Contract for December 2024:
The Arabica coffee futures contract for December 2024 has reversed and increased. Specifically, the settlement price on September 23 was 263.65 cents/pound, up 5.14% compared to the previous week.
Date | Settlement Price (cents/pound) | Price Change (USD) | Price Change (%) |
9/13/2024 | 259.45 | ||
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% |
9/23/2024 | 263.65 | 12.90 | 5.14% |
Robusta Coffee Futures Contract for November 2024:
The Robusta coffee futures contract for November 2024 also saw a reversal, with the settlement price on September 23 reaching 5,276 USD/ton, an increase of 4.29% compared to the previous week.
Date | Settlement Price (USD/ton) | Price Change (USD) | Price Change (%) |
9/13/2024 | 5,267 | ||
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% |
9/23/2024 | 5,276 | 217 | 4.29% |
Source: Compilation
Related Posts
According to the Mercantile Exchange Of VietNam (MXV), strong buying pressure returned to the global commodity markets during the first trading session of the week (September 9).
Strong buying force pulled the MXV-Index up
10 tháng 9, 2024
Coffee and metal futures plummeted sharply last week, while the agricultural sector saw an impressive recovery.
Weekly Report for September 2-6, 2024
9 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.