Coffee News September 26, 2024
26 thg 9, 2024
Domestic Coffee Price Situation:
Today, domestic coffee prices range between 120,800 and 122,000 VND/kg, with an average of 121,800 VND/kg, up by 1,200 VND compared to yesterday. The highest purchasing price is in Đắk Nông and Đắk Lắk provinces at 122,000 VND/kg, while the lowest is in Gia Lai province at 120,800 VND/kg.
Global Coffee Situation:
Concerns over unfavorable weather conditions in major coffee-producing countries like Brazil and Vietnam are putting pressure on supply, pushing coffee prices higher.
Arabica Coffee Futures Contract Prices for December 2024:
The price of the Arabica Coffee Futures Contract for December 2024 continues to rise. As of September 25, the settlement price was 269.10 cents/pound, up 0.49% compared to the previous week.
Date | Settlement Price (cents/pound) | Price Change (USD) | Price Change (%) |
9/17/2024 | 264.50 | ||
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% |
9/25/2024 | 269.10 | 1.30 | 0.49% |
Robusta Coffee Futures Contract Prices for November 2024:
The price of the Robusta Coffee Futures Contract for November 2024 also continues to rise. As of September 25, the settlement price was 5,446 USD/ton, up 2.52% compared to the previous week.
Date | Settlement Price (USD/ton) | Price Change (USD) | Price Change (%) |
9/17/2024 | 5,303 | ||
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% |
9/25/2024 | 5,446 | 134 | 2.52% |
Source: Compiled Data
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