Coffee News September 25, 2024
25 thg 9, 2024
Domestic Coffee Prices:
As of today, domestic coffee prices fluctuate between 120,000 and 120,800 VND/kg, with an average price of 120,600 VND/kg, marking an increase of 100 VND compared to yesterday. The highest buying prices are recorded in Gia Lai, Đắk Nông, and Đắk Lắk provinces at 120,800 VND/kg, while the lowest price is in Lâm Đồng province at 120,000 VND/kg.
Global Coffee Situation:
Weather conditions in Brazil continue to be a factor driving coffee prices upward.
Arabica Coffee Futures Contract for December 2024:
The Arabica Coffee Futures Contract for December 2024 continues to rise. Specifically, the settlement price on September 24th was 267.80 cents/pound, up 1.57% compared to the previous week.
Date | Settlement Price (cents/pound) | Price Change (USD) | Percentage Change (%) |
9/16/2024 | 258.55 | ||
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% |
9/24/2024 | 267.80 | 4.15 | 1.57% |
Robusta Coffee Futures Contract for November 2024:
Similarly, the Robusta Coffee Futures Contract for November 2024 also shows an upward trend. The settlement price on September 24th was 5,312 USD/ton, up 0.68% compared to the previous week.
Date | Settlement Price (USD/ton) | Price Change (USD) | Percentage Change (%) |
9/16/2024 | 5,246 | ||
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% |
9/24/2024 | 5,312 | 36 | 0.68% |
Source: Compiled Data
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