top of page

Coffee News August 05, 2024

5 thg 8, 2024

Domestic Coffee Prices Situation:

Today's domestic coffee prices range from 122,000 to 122,600 VND/kg, with an average of 122,400 VND/kg, down 500 VND compared to yesterday. The highest buying price is in Dak Nong province at 122,600 VND/kg, while the lowest is in Lam Dong province at 122,000 VND/kg.

Global Coffee Market Situation

Last Weekend, the Sharp Decline of the U.S. Dollar Boosted Arabica Coffee Prices. As a result, Robusta coffee prices also saw a slight increase.


The price of the September 2024 Arabica Coffee Futures Contract rebounded. Specifically, the settlement price on August 2 was 230.5 cents per pound, up 1.43% compared to the previous session.

September 2024 Arabica Coffee Futures price quotes (KCEU24)

Date

Settlement Price (cent/pound)

Change (USD)

Change (%)

7/25/2024

234.7



7/26/2024

230.25

-4.45

-1.90%

7/29/2024

230.4

0.15

0.07%

7/30/2024

230.8

0.40

0.17%

7/31/2024

229.2

-1.60

-0.69%

8/1/2024

227.25

-1.95

-0.85%

8/2/2024

230.5

3.25

1.43%

The September 2024 Robusta Coffee Futures Contract also saw a slight increase after a deep decline. Specifically, the settlement price on August 2 was $4,227 per ton, up 0.05% compared to the previous session.

September 2024 Robusta Coffee Futures price quotes (LRCU24)

Date

Settlement Price (cent/pound)

Change (USD)

Change (%)

7/25/2024

4,395



7/26/2024

4,302

-93

-2.12%

7/29/2024

4,267

-35

-0.81%

7/30/2024

4,266

-1

-0.02%

7/31/2024

4,261

-5

-0.12%

8/1/2024

4,225

-36

-0.84%

8/2/2024

4,227

2

0.05%

Source: Multiple sources

Related Posts

Theo tờ Wall Street Journal, Tổng thống Trump sẽ không áp dụng các mức thuế mới ngay trong ngày đầu tiên nhậm chức, thông tin này đã được các quan chức trong đội ngũ của ông xác nhận.

Điểm tin Kinh tế 21.01.2025: Ông Trump tạm hoãn áp thuế Trung Quốc trong ngày đầu nhậm chức

21 tháng 1, 2025

Tính chung cả tuần, 2 hợp đồng dầu tăng hơn 1% - đánh dấu tuần tăng thứ 4 liên tiếp.

Điểm tin Kinh tế 20.01.2025: Dầu thô suy yếu trước khi ông Trump chính thức nhậm chức

20 tháng 1, 2025

Copper prices also received support after the State Grid Corporation of China pledged record spending this year.

Economic Highlights 17.01.2024: Copper Prices Supported as China Plans Major Investment in Power Grid

17 tháng 1, 2025

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

bottom of page