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Coffee News September 4, 2024

4 thg 9, 2024

Domestic Coffee Prices:

Today's domestic coffee prices fluctuate between 117,200 and 118,300 VND/kg, averaging at 117,800 VND/kg, up by 200 VND compared to yesterday. The highest purchase price is in Đắk Nông province, at 118,300 VND/kg, while the lowest is in Lâm Đồng province, at 117,200 VND/kg.

Global Coffee Prices:

Global coffee prices are experiencing mixed fluctuations due to a stronger USD and weather conditions in Brazil, reducing the pressure on coffee prices.


Arabica Coffee Futures for December 2024:

The price of Arabica coffee futures for December 2024 continues to decline. The settlement price on September 3rd was 242.80 cents/pound, down 0.51% from the previous day.

Date

Settlement Price (cents/pound)

Price Change (USD)

Price Change (%)

08/26/2024

249.65



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%

08/30/2024

244.05

-3.55

-1.43%

09/02/2024

244.05

0.00

0.00%

09/03/2024

242.80

-1.25

-0.51%

Robusta Coffee Futures for November 2024:

Robusta coffee futures for November 2024 showed an increase. The settlement price on September 3rd was 4,710 USD/ton, up 0.21% from the previous day.

Date

Settlement Price (USD/ton)

Price Change (USD)

Price Change (%)

08/26/2024

4,715



08/27/2024

4,846

131

2.78%

08/28/2024

4,926

80

1.65%

08/29/2024

4,901

-25

-0.51%

08/30/2024

4,948

47

0.96%

09/02/2024

4,700

-248

-5.01%

09/03/2024

4,710

10

0.21%

Source: Compiled


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